Topics regarding layoffs at Macy's Inc.

Topics regarding layoffs at Macy's Inc.

Macy's Furloughs

Do you think Macy's will furlough everyone throu the end of Summer? Or whatever date?

F you Macy’s

Company closing until 4/1, salaried managers/executives still have to go to work. Good to know you don’t give a sht about us. I’m not unloading trucks with four ppl you can get lost with that sht.

NY Stores Closed Until April

smithhaven just announced we are closing as of 6pm tonight until April 1st. FT employees will be paid 28 hours per week PT employees will be paid 12 hours per week.

Getting paid

Are hourly associates going to be paid for their base hours? I understand they need to follow suit and reduce hours or close altogether, but my God how will people pay their bills with half their hours (not to mention the part-timers who lost their... — read more 

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| 1000 views | | 5 replies (last March 18, 2020)
Post ID: @OP+141Gxbru

They need to close

M needs to shut it down. They are risking employee and customers to a unknown virus and what it could Potential do to people. Half the mall is closed. Lord and Taylor is close. Starbucks closed yet Macy’s. Wants to tap into that stragglers... — read more 

RISKING LIVES

This is a national emergency not a snow day and there is so much at risk this virus doesn’t care who you are. Ask our store manager the other day what would happen if we had in our store a confirmed case of the virus how you could insure that all the... — read more 

Hours

Let's talk about. What has everyone heard?

Is the Disney club running this company?

I’m no accounting or economic specialist here.... but the stores are EMPTY! Let’s face it, there is a GLOBAL pandemic. And no one up there sees the need to close the stores down? You’re losing money everyday that you take to decide how to operate... — read more 

Let's see how Macy's survive this panic

Federal reserve is panicking – cut benchmark lending rate to ZERO. "Businesses are shutting doors globally and households are moving into quarantine," Meyer wrote in a note to clients on Sunday night. "We are already forecasting negative GDP... — read more 

Insite

Insite was down most of the day and when it finally came the 2 week schedule was gone, its happened them it reappears. Anyone know why this happens?

Macy’s is the worst company!

After being a big ticket employee for nearly 4 years my store finally needed to lay off some people due to the incompetent management. I have been fighting for nearly 2 months now to receive my vacation pay and neither the union nor any store... — read more 

Macy's dividend -- what will happen??

Current dividend yield is at 20 percent – it will be fun to watch the dividend drama!! In Nov. 2019, Morgan Stanley retail analyst Kimberly Greenberger said: "With Macy's stock declining 50% in the last year, its dividend yield has nearly... — read more 

Macy’s stock collapse

Macy’s stock is now at $7.57 down from $18 a month ago. I think Macy’s will be in the pennies by June /July. Then you will see a blood bath of firing and layoffs.

Too Many Meetings

With recent job cuts most everyone in the company is taking on additional responsibilities which increases our workload. I just added up the amount of meetings scheduled weekly and they add up to 8+ HOURS! I just don’t understand how this can be... — read more 

How to Spot an Incompetent Leader (San Francisco)

https://hbr.org/2020/03/how-to-spot-an-incompetent-leader If you want to understand why some companies have a toxic culture, underperform relative to their potential, and eventually collapse — look no further than the quality of their leadership... — read more 

Polaris. The true meaning

Polaris is just a b—s— fancy word that Jeff the clueless clown dreamed up to spin the exact same nonsense he’s been spewing since he took over. He doesn’t have any real feasible plan to turn things around. It’s the same biz model but stamped... — read more 

Real estate

Being a neighborhood store and having a real estate agent come in and do measurements/take pictures cant possibly be a good sign.

It is over - isn't it??

Macy's stock just hit $9.66 and seems as if there is no bottom. Sorry $9.57 and there is no bottom. Wait $9.54. Now in just one minute or less the stock has hit a low that has not been seen in a long time. $9.53 now as I type. What this means is... — read more 

My thoughts part 3

I think m will rapidly go down. First with stock going into single digits as tins of investors back out . More stupid rules to get you fired will come flying down the pike. Job cuts , hours cut. I think it may even come to a point where they just... — read more 

Districts gone?!?

Every time I turn around I’m meeting a new person who reports to the district DVP or whatever they are calling it now. They walk around point out the obvious and leave the store. Gee thanks. Was told store visits are drastically changing, we won’t do... — read more 

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Post ID: @OP+13UpRRo4

Poof! I’m a magician!

Macy’s the company where they give you 300 hours of workload with a budget of 100 hours and expect it done and done at 110%. When it doesn’t get done it’s because your not having effective planning meetings, or buying into the total store team... — read more 

Laying of District Managers is a new trend

GameStop has laid off a number of district managers, sources tell Polygon, as part of a middle-management cost-cutting exercise. According to multiple sources, the company recently cut as many as 10 district managers, whose job was to monitor... — read more 

Macy’s stock

Macy’s still Cuba month ago was $18 now it sits little over $10. I think they will rapidly closes stores and cut jobs faster. It will also be at no notice. I think how Macy’s will go down is rapidly and a big surprise. I still give it 2 years max... — read more 

401k?

Former Sales Manager who left the company nearly two years ago, does anyone know how to access the 401k?

Macy’s Union

The more I think about it the only way anything is going to change at Macy’s for the worker is by forming a union. The workload is crazy, less jobs higher expectations and now store managers are the end all be all. I guarantee there are stores like... — read more 

Culture of concealment

The U.S. House panel also faulted Boeing for what it described as a "culture of concealment" for failing to disclose information to airline pilots about the 737 MAX's MCAS stall-prevention system linked to both crashes, and that a key... — read more 

Women shoes

does anyone know if commission are going in W. shoes? I know they lowered it to 1.5 .2.5. 3.5. 4.5 the more you sell the higher the tier.. but things are bad.. so my guess commission will exit soon? I hear June ?

Macy's Agile -- Sprinting towards dead end!

https://blog.aha.io/going-agile-is-not-a-transformation/ I witnessed this in San Francisco. Many companies are describing enterprise transformation in terms of the work — specifically, how the work gets done. This is obviously important since an... — read more 

Macy's W2 Download

I left last year and I have not received my W2 yet. Do you know who may be able to help me get that W2 from Macy's? Please let me know.

Running in quicksand

https://www.google.com/amp/s/seekingalpha.com/amp/article/4328587-macys-is-still-running-in-quicksand

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