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HOME/COMPANIES/MACY'S/JAN 1, 2026
REPORTED · NEWSPublished Jan 24, 2026

Macy's Announces Upcoming Layoffs Alongside Store Closures

EMPLOYEES AFFECTED
5,000
EFFECTIVE DATE
Jan 1, 2026

What we know

Based on news reporting.

Summary

Macy's has announced plans to lay off approximately 5,000 employees as part of a restructuring effort coinciding with the closure of several stores by 2026. The layoffs are part of a broader strategy to streamline operations and adapt to changing market conditions. While specific locations and departments affected have not been disclosed, the company aims to reduce its workforce significantly in the coming years. This decision reflects ongoing challenges in the retail sector, as Macy's seeks to enhance its competitiveness and operational efficiency.

Macy's cut 5,000 jobs as of January 1, 2026.

LayoffTalk has tracked 16 layoff events at Macy's since October 2023, affecting a combined 10,221 employees.

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SOURCE
News reporting
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M
Macy's
16
EVENTS TRACKED
14K
AFFECTED SINCE 2023
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CREATED JAN 24, 2026LAST UPDATED JAN 24, 2026