Boston Globe |
Macy's Plans Layoffs and Closings, Though Its Holiday Sales Were Up
New York Times While it reported solid holiday sales on Wednesday, Macy's also announced several cost-cutting measures, including plans to lay off 2,500 employees. “Our company has significantly increased sales and profitability over the past four years,” Terry J. Lundgren … Macy's cutting 2500 jobs in reorganization Macy's to lay off 2500 employees amid cost-cutting Macy's posts strong holiday season sales, gives upbeat 2014 outlook |