Macy’s to Cut 100 Management Jobs in Corporate Restructuring
Macy’s said Tuesday it will cut about 100 management jobs as looks trim costs and improve profitability amid declining sales. The department store chain was able to top lowered expectations for its fourth quarter, but same-store sales came up short of expectations. Macy’s is targeting $100 million in annual cost savings, starting in fiscal 2019, with its […]
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