Macy’s Announces Management And Other Staff Layoffs

(CBSNewYork) — Retailing giant Macy’s, headquartered, in New York, announced staff reductions today that will affect management and workers across various levels of its organization. The layoffs include 3,900 people in corporate and management roles. The company has also cut staff in its stores and throughout its supply chain and customer support network.
“COVID-19 has significantly impacted our business,” according to Jeff Gennette, chairman and chief executive officer o