Anyone else have their hours cut? Our Store Manager just showed us an article about a strategy to save $500 million in expenses and explained that hours have been cut across the store to achieve the savings requirements. We had a ton of open shifts... — read more
Topics regarding layoffs at Macy's Inc.
Anything new in store for the Jewelry Complex? Any key positions like JBM, JSS, Captain or Clerical combining or changing soon?
Is the AST being combined with AYS?
Any feed back form former MST working for NCR. How is the work load, etc? Is there an improved working environment??
I thought about applying in the Women's shoe department, but I heard that they cut the commisson rate in that department. Does anyone know if this is true?
Is there any real news out there regarding sept cost cutting? By real news, i mean not all these tired posts from disgruntled employees.
Considering how understaffed we usually are, among other things?
Start with what's been earning yr over yr. .com sector. Dump piles of capital into more buildings. Re-align the company and equip it properly to cater the .com industry. Keep stores open for that small 20% of people who are still traditionalists... — read more
I know things have been far from perfect lately, but that's the situation in the entire retail sector. Several of my former co-workers quit and are now regretting that decision. It was easy to find a new job, but it was impossible to find a new job... — read more
Have you ever head of "Story" at Macy's? Probably most people haven't. Why would department store spend a lot of money with a concept like "Story" (a unique department that changes every 3 months) when they never (or seldom) promote it in their ads?... — read more
CFO Paula Price told investors in early 2019 that the company was preparing a major multiyear cost-cutting program. Macy's hasn't shared details of that effort yet, but will do so – including hard numbers for its expected savings – in early... — read more
71-0.23 (-1.54%) At close: August 26 4:00PM EDT
To all of us who Macy’s laid off over the years, what did you do with your old 401k? I forgot about mine for a few years, it just sat and plan on rolling over to an existing IRA account. I’ve been with my current employer for 2 years now... — read more
Has the dust settled yet? If I were Mr. Gennette I would be in hiding after the last earnings release. Your reputation as a company is tarnished by your lack of integrity to your employees and customers alike. Women do not want rhinestones on... — read more
Cramer reports Macy's 2Q earnings as poor execution? Macy's should be gaining the JC Penny customer. Walmart and JC penny stocks both increased after their earnings report. Macy's has lost it's unique brand. Go back to the drawing board and... — read more
Hope you guys go broke buying Macy's stock. Jeff is spending his 18% pay increase trying to keep the stock price up.
Bottom line: If a company does not keep great people and encourage them to do their best work in a positive environment it will fail.
Avoid this retailer on the long side, as M's stock price could drop to the mid-teens in the months ahead.
Now everything seems shaky. Should I look for another job? My guess is the rest of us will get laid off after Holiday. I miss my laid off friends and wonder if the company considers the human cost of layoffs
Anyone hearing anything about further region and district staffing reductions heading into the fall season. My Store Manager was expressing her concerns about our one day sales results and the stock price drop today and commented that I should stay... — read more
For it's layoffs last month, Macy's Technology seemed to consider what type of visa employees had, and no one with a Form 1-140 or a visa that would put their status in the US in danger, was let go.
Look for massive layoffs as te economy sinks. Macys will not survive!
Does anyone know if ANY of the healthcare plans offered by your company cover HIV/AIDS d–gs like Truvada? We have a church member in the DC area recently diagnosed with HIV.
The fulfillment team/ packers all got their hours slashed. Did that happen in your stores? And why?
is Macy’s eliminating Wedding and Gift Advisors and Corporate Support Employees?
I was told that the chief technology officer told the Lorain contractors not to listen to anyone that has been there more then 5 years....they are corrupted. Interesting comment to make. Reinforces the general opinion here that it will be all... — read more
In the affected employees list (Exhibit A) there are 21 roles that is indicated as "Not Severance Eligible" – what does this mean? Are they really laid off or getting second chance in a different/rehired role?
Does anyone know if the company made sales plan for Q2???
This person knew someone that working at the store at the Broadway Mall in Hicksville, New York and said that the homeless use the bathrooms and sleep in there all day. It was supposed to close this year and at around the same time as the store in... — read more
The effort being put into the stores remodeling are driving up market shares. Way to go Macys! Perhaps the big chiefs are getting it right..
Why are they acting like they are reinventing the wheel. You are remodeling stores that have needed it for decades. You are adding back customer service reladed positions and services that where once standard in retail. ie fitting room associates... — read more
Interesting that if you search the technology job site, you'll find waaaay more software engineering openings in Georgia than in SF. Well that seems like a bit of writing on the wall https://technology.macysjobs.com/
Which stores will be closing in 2020? Has this been announced? Thank you!
Any chance somebody is willing to share severance package details from this round with the rest of us? Has Macy's made any changes?
Please post updates as we learn more about Macy's Systems and Technology layoffs. Thank you!
Systems and Technology was hit yesterday, with possible more cuts to follow today. Not sure if this will stay localized to MST or if more area's will be hit. Sadly, I think we can all agree that more will be coming at some point, if not this week... — read more
** WHERE MOST RETAILERS ARE GETTING IT WRONG** (Why Macys no longer stands out in a crowd of retailers) Most retailers not just Macy's, Have a vision that if they create... — read more
Reading posts below, you have a Sr. Director, "Big D", that has stated the poorly executed transition to NCR can not be rectified as it should, (bringing back out sourced MST staff), due to obligation to "shareholders" and costs. I ask you this, and... — read more