Coverage dated January 18, 2024 to January 19, 2024
Macy's closing 5 stores, laying off over 2K employees
Headline from 6ABC Philadelphia
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.
6ABC Philadelphia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
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.
Department store chain Macy's is cutting 2,350 jobs and closing five stores as it aims to streamline its operations, a company spokesperson said Thursday.
The job cuts come as an investor group consisting of Arkhouse Management and Brigade Capital put pressure to take Macy’s private in a $5.8 billion offer.
By Nathaniel Meyersohn, CNN New York (CNN) — 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.
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 has plans for a handful of locations to permanently close up their shops. The five closures come as part of a move that will also include the retailer axing about 2,350 jobs.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Macy's closing 5 stores, laying off over 2K employees | Since Then
