TG盗号软件API接口|【唯一TG:@heimifeng8】|飞机盗号软件VIP破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Macy’s is cutting about 3.5% of workforce and closing five stores
Bloomberg Published
January 19, 2025
Macy’s Inc. is laying off about 3.5% of its workforce ahead of the departure of longtime Chief Executive Officer Jeff Gennette, as the department-store operator retrenches amid lower demand.
The company said the cuts include about 2,350 employees, mostly in corporate positions. It will also close five stores. The Wall Street Journal earlier reported the layoffs and store closures.
“As we prepare to deploy a new strategy to meet the needs of an ever-changing consumer and marketplace, we made the difficult decision to reduce our workforce,” a company spokesperson said in an email. The moves will help Macy’s “to become a more streamlined company.”
Macy’s has struggled to compete as shopper preference has shifted away from department stores, with online retailers making inroads in key merchandise categories such as apparel and home goods. The company has posted a series of annual revenue declines in recent years, excluding the rebound period that followed pandemic restrictions. That has increased pressure on the company and sparked a $5.8 billion buyout bid from Arkhouse Management and Brigade Capital Management.
Gennette is set to retire in February, ceding the role to Macy’s executive Tony Spring.
At the end of January 2025, Macy’s, which also owns the Bloomingdale’s and Bluemercury brands, had 94,570 workers and operated 722 locations.