Macy’s will close five stores and lay off more than 2,000 employees

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Macy’s plans to lay off about 13 employees and %,关闭5家门店,以降低成本并进行重新调整。裁员规模为约2350人,占公司员工总数的3.5%

Companies will increase supply chain automation, outsource some roles, and reduce management to increase decision-making speed. Macy’s will invest in improving the store’s appearance and upgrading digital features to meet consumer demand.

The move comes as President Tony Spring takes over from CEO Jeff Gennett while under pressure from a $5.8 billion takeover by activist investors.

The company highlighted the changes as a response to consumer expectations and said it would provide more information on the new strategy in the coming weeks.

(Source: ChannelNews Image source: Freepik)

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