Macy’s will cut about 2,350 positions, or 3.5% o
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Posted On: 01/19/2024 6:40:46 AM
Macy’s will cut about 2,350 positions, or 3.5% of its workforce.
The legacy department store is trying to reduce costs and boost slowing sales.
The move comes as Bloomingdale’s CEO Tony Spring prepares to take over the Macy’s CEO role from the outgoing Jeff Gennette.
The legacy department store is trying to reduce costs and boost slowing sales.
The move comes as Bloomingdale’s CEO Tony Spring prepares to take over the Macy’s CEO role from the outgoing Jeff Gennette.
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