Macy's confirmed the layoffs to via email, saying it made the difficult decision as it prepares "to deploy a new strategy to meet the needs of an everchanging consumer and marketplace.”
Macy s has rejected a $5.8 billion takeover bid from two investment firms, it has been revealed - just days after the department store said it would ax five stores.
Macy’s is laying off about 3.5% of its total headcount, which amounts to roughly 2,350 employees, and the iconic department store is closing five locations.
Macy s laying off more than 2,000 employees wric.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wric.com Daily Mail and Mail on Sunday newspapers.
Wayfair and Macy s to cut thousands of jobs; see which stores will close gulflive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulflive.com Daily Mail and Mail on Sunday newspapers.