Macy’s Layoffs 2020: Why 3,900 Corporate Employees Will Lose Their Job
June 25, 2020
Macy’s (M) announced that it will be laying off 3,900 workers from its corporate offices, including a series of management positions.
The retailer will also reduce its workforce throughout its stores, supply chain, and customer support network because of a dip in sales because of the coronavirus pandemic.