US: Department store chain Macy’s to lay-off 2,350 employees, close five stores

US department store chain Macy’s is laying off around 3.5 percent of its workforce and even planning to shut down five of its stores. The 3.5 percent is likely to hit 2,350 jobs. “As we prepare to deploy a new strategy to meet the needs of an ever-changing consumer and marketplace, we made the difficult […]

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