Macy’s to Lay Off Nearly 4,000 Employees

Macy’s Inc announced it will lay off nearly 4,000 employees due to the COVID-19 pandemic.

 
 

On Thursday, the company announced it would lay off about 3,900 employees in corporate and management positions to help ease some of the financial strain suffered during the coronavirus outbreak.  The company expects to save about $365 million from the move.

 
 


 
 

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