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About four years ago, Macy’s announced another major layoff and wave of store closures. It made the announcement in February 2020, just weeks before the Covid-19 pandemic led to lockdowns and ...
Veteran department-store chain Macy’s is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business for the ...
NEW YORK (AP) — Retail layoffs are hitting especially hard this week. Online furniture seller Wayfair is cutting about 1,650 jobs, or 13% of its global workforce. Macy’s is laying off about 3. ...
Last month, Macy’s announced it was laying off about 3.5% of its workforce, or roughly 2,350 employees. ... “We believe paring down the Macy’s store base to a more manageable (and profitable ...
As the country’s largest department store operator, Macy’s also owns subsidiaries Bloomingdales and Bluemercury. ... The layoffs come as the company prepares for a transition in CEOs. In ...
Even before the coronavirus pandemic resulted in temporary store closures and corporate layoffs, Macy's, Inc., who also owns Bloomingdale's and Blue Mercury, announced its plans to permanently ...
Macy's plans to close 50 stores in 2024 and 150 locations in total by 2026. The department store chain will expand Bloomingdale’s and Bluemercury. ... (around 2,350 employees) and closing five ...
Macy's already announced layoffs, store closures in January. In January, Macy's announced 2,350 layoffs, 3.5% of its workforce, in January, the Wall Street Journal reported, citing a memo to ...