Macy's said Thursday it's laying off 3,900 people corporate staffers, roughly 3% of its overall workforce, as the pandemic takes a financial toll on the iconic department store chain's sales and profits.
The company said in a release that the headcount reduction will save the company $630 million per year. In February, before the virus became a pandemic, Macy's said it would cut 2,000 jobs in its corporate office and close 125 stores. Read more here>>>https://6abc.com/business/macys-announces-it-will-layoff-3900-workers/6270386/
Source: 6abc
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