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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 online shopping era.
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. ... Getty Images "Hearst Magazines and Yahoo ...
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. ... Getty Images "Hearst Magazines and Yahoo ...
Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department store moves to trim costs and turn around slowing sales.
Macy’s has announced it is cutting 2,350 jobs and closing five stores across the U.S. The news was shared via a staff memo, per reports. Credit - Jonathan Wiggs/The Boston Globe—Getty Images
By 2026, it will have just 350 Macy’s stores, the company announced. ... Last month, Macy’s announced it was laying off about 3.5% of its workforce, or roughly 2,350 employees.
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 ...