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 online-shopping era.
Macy's is planning to cut 2,350 jobs and close five stores, the Wall Street Journal reported on Thursday, as the company moves to embrace more technology.
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Macy's to fire 2,350 workers, close several locations – WDBO wdbo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wdbo.com Daily Mail and Mail on Sunday newspapers.