Home › Macy's to axe thousands of jobs in cost-cutting move
 

Keywords :   


Macy's to axe thousands of jobs in cost-cutting move

2016-01-07 14:00:00| Daily apparel & textile news and comment - from just-style.com

US retail giant Macy's is to lay off thousands of workers in a round of cost reductions designed to save the department store operator around US$400m a year after a "disappointing" holiday performance. 

Tags: jobs move thousands axe

Category:Consumer Goods and Services

Latest from this category

All news
27.09Starmer says Tesla investment welcome after Musk row
27.09Microsoft re-launches privacy nightmare AI screenshot tool
27.09Titanic shipbuilder formally enters administration
27.09Warner Bros. Discovery deploys captioning using Google Cloud AI
27.09Cignal TV expands service to Android set-tops with Quickplay
27.09Comcast to deploy Qwilt Open Edge CDN platform
27.09Liberty Broadband makes counterproposal to Charter merger offer
27.09Livepeer Studio can reduce the cost of real-time streaming by 74%
Consumer Goods and Services »
28.09Tropical Storm Joyce Public Advisory Number 5
28.09Summary for Tropical Storm Joyce (AT1/AL112024)
28.09Post-Tropical Cyclone Helene Public Advisory Number 21
28.09Tropical Storm Joyce Forecast Discussion Number 5
28.09Tropical Storm Joyce Wind Speed Probabilities Number 5
28.09Tropical Storm Joyce Forecast Advisory Number 5
28.09Hurricane Isaac Graphics
28.09Hurricane Isaac Forecast Discussion Number 11
More »