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Macy's set to join the massive layoffs dishonor roll?

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-01-09 10:29 AM
Original message
Macy's set to join the massive layoffs dishonor roll?
Macy's set to centralize ops, cut jobs - report

By MarketWatch

Macy's Inc. is set to cut costs by further centralizing its operations, The New York Post reported in its Saturday editions. According to sources, Macy's is expected to announce next week that it's consolidating its regional operating divisions and could lay off hundreds, and possibly thousands, of workers.


http://www.marketwatch.com/news/story/Macys-set-centralize-ops-cut/story.aspx?guid=%7BA110BA74%2DC4B4%2D4324%2D93DD%2D437AD9798B9C%7D


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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-01-09 10:40 AM
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1. Yikes! That Will Be Pretty Traumatic For The CEO!
He'll need a vacation and a raise!
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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-01-09 11:28 AM
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2. and give him an office remodel too!
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