Thread regarding Macy's Inc. layoffs

Do you think there will be layoffs in the NYC Headquarters? Will they eliminate some positions?

I know a few years ago they eliminated the entire IP division. Will they be doing something similar again?

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Post ID: @OP+13aVdH1y

4 replies (most recent on top)

HQ jobs are all different though. Each department will be under pressure for cuts.

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Post ID: @1ekk+13aVdH1y

There’s a new article saying HQ may move to NY, so probably not - https://www.wcpo.com/news/local-news/i-team/pressure-to-shrink-will-macys-downsizing-mean-the-loss-of-its-cincinnati-headquarters

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Post ID: @spl+13aVdH1y

Yes, Macy's is a bloated mess despite all prior downsizing. Macy's expense:revenue ratios are terrible in contrast to retailers that are succeeding. This is what happens when a company doesn't grow & has no viable strategy for growth - they cut expenses.

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Post ID: @fpn+13aVdH1y

With the anticipated strategy to be focused on downsizing, safe to assume no department is safe from budget pressure.

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Post ID: @fkt+13aVdH1y

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