Location: New York, NY, USA.
Based on news reporting.
Macy's has announced significant layoffs affecting approximately 2,500 employees as part of its restructuring efforts aimed at streamlining operations and reducing costs. The layoffs are set to take effect by October 1, 2023, as the company seeks to adapt to changing market conditions and consumer behaviors. This decision comes amidst a broader trend of job cuts across the retail sector, as companies grapple with economic challenges. Macy's aims to enhance its operational efficiency while continuing to serve its customer base effectively.
Macy's cut 2,500 jobs as of October 1, 2023.
LayoffTalk has tracked 16 layoff events at Macy's since October 2023, affecting a combined 10,221 employees.
Anonymous by default. Be kind — people reading this may be going through it right now.
Macy's cut 2,500 jobs on October 1, 2023. Were you affected, or do you know people who were? How was it handled — severance, notice, which teams? You can post anonymously below.
Share your story anonymously — it helps others reading this feel less alone.
Share your story →Recent tracked events at this company.