Macy's Cutting About 2,300 Jobs »
Posted by: engineer 6 months, 2 weeks agoDepartment store operator Macy's Inc. said Wednesday it will cut about 2,300 management jobs as it consolidates three regional divisions and decentralizes buying in a bid to reduce costs and boost sales.
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engineer6 months, 2 weeks ago
The Cincinnati-based retailer said it will immediately begin consolidating its Minneapolis-based Macy's North headquarters into its New York-based Macy's East, its St. Louis-based Macy's Midwest organization into its Atlanta-based Macy's South and its Seattle-based Macy's Northwest headquarters into its San Francisco-based Macy's West.
The consolidation of the office organizations expected to be completed in the second quarter of 2008 will affect 950 positions at Macy's North, 850 positions at Macy's Midwest and 750 positions at Macy's Northwest in Seattle.
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GHOSTWHOWALKS6 months, 2 weeks ago
The 850 that will lose their jobs is in ST. Louis and will effect the economy from as far away as Springfield Illinois.
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not2needy6 months, 2 weeks ago
They are cutting state jobs here, in homes for the mentally retarded and mentally ill. Can you believe that! Next i guess they will be turning them out in the street like they did during the Reagan era!
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