Location: New York, NY, USA.
Based on news reporting.
Macy’s Retail Holdings, Inc. has recently laid off approximately 300 employees as part of its ongoing turnaround plan. The layoffs occurred in October 2023 and are part of a broader strategy to streamline operations and improve financial performance. Despite these job cuts, the company reports that its turnaround efforts are yielding positive results, indicating a focus on enhancing efficiency and adapting to changing market conditions. The layoffs reflect the challenges faced by the retail sector, but Macy's is committed to stabilizing its business and ensuring long-term sustainability.
Macy’s Retail Holdings, Inc. cut 300 jobs as of October 1, 2023.
That is roughly 0.3% of the 100,000 people Macy’s Retail Holdings, Inc. employs.
LayoffTalk has tracked 14 layoff events at Macy’s Retail Holdings, Inc. since October 2023, affecting a combined 1,872 employees.
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