The announcement for executive lay offs is made after they have been asked to do the dirty work of laying off hourly people and after inventory reconciliation is completed. So, this week or the next week. Just before investors meeting. Gennette will present his case on how he is going to save money to prevent investors from pulling out. Wait is the game.
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Mtms are going part time flex and taking on house keeping responsibilities. Get your toilet scrubbers ready!
They have already told the selling floor lead in my store Tues that her job was gone.
I think either this week or next right before the investors meeting where the ceo will discuss their plan.
Executive information is sometime in February.