Based on news reporting.
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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