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.
Macy’s announced it is laying off about 3.5% of its total headcount, which amounts to roughly 2,350 employees. The layoffs are expected to occur on Jan. 26.
The online furniture seller is cutting 13% of its global workforce. Macy’s is laying off about 3.5% of its total headcount and is closing five locations