On Thursday Macy’s, the largest shopping center chain in the United States, he communicated to employees who will lay off 3.5 percent of their entire workforce, for a total of approximately 2,350 people. The cuts will affect employees who work in the company’s offices, and therefore not those who work in shopping centers. The decision was made in view of the arrival of Tony Spring, who will replace Jeff Gennette as the new CEO in February.
In recent months, Spring has conducted various consumer surveys: in the note shared with employees about the upcoming layoffs, we read that the move is designed to make Macy’s more competitive and speed up the company’s decision-making processes. Some company roles will be completely eliminated, and some work groups will be merged. The society he also said which will close five of its stores, which in total are more than 560 across the country.
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