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All Posts Tagged Tag: ‘cutbacks’

Macy’s Job Cuts: Chain Aims To Save $100 Million

Despite its financial success over the holiday, Macy’s has announced plans for closings and layoffs for 2014. By early spring, the company will be closing five stores in Arizona, Kansas, Missouri, New York, and Utah – opening eight new ones in their stead. This change marks the start of Macy’s imminent restructuring to reduce annual company costs. As they combine …

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