Topics regarding layoffs at Macy's Inc.

Topics regarding layoffs at Macy's Inc.

Neighborhood

We hate to see anyone loose a job. Reality is if you are in a neighborhood store we all know our malls are tired. Our customers are old, the area was once thriving and now it's not. We may do 5,000 by noon if we are lucky. We see the same handful of... — read more 

by
| 1610 views | | 8 replies (last February 19, 2020)
Post ID: @OP+13pfvZVq

Macy’s CTO communication

I see that this email is published in full on the business insider website - but is posted as premium content that requires $ payment. Can someone share the same in comments? The last post with that email was deleted

by
| 1490 views | | 5 replies (last February 15, 2020)
Post ID: @OP+13pzXytF

And the only reward is...

I wanted to give my best wishes to folks who underwent the layoff. Remember, its not the end of the world and specially if you are in the coastal regions of the country, jobs are a plenty .. I don't think that the folks who are not impacted by the... — read more 

by
| 847 views | | no replies yet
Post ID: @OP+13ocoPMp

Company Assets

If you think any employee is an asset, you need to take a look at which column in the balance sheet payroll is under. The basic balance sheet equation is Assets-Liabilities=Equity. Here is a hint. Payroll is not under Assets or Equity.

by
| 416 views | | no replies yet
Post ID: @OP+13oeNRr3

Our clueless CFO Paula Price does it again

mcom's Finance team in SF is still on the job and working through 4/30. So our pyramid head, Paula, scheduled an "Ask Me Anything" web meeting for next week - at 6:00 AM Pacific! I realize that our SF team is not going to be at Macy's for very long... — read more 

by
| 1313 views | | 3 replies (last February 10, 2020)
Post ID: @OP+13o6EmQe

The whole "district" situation

Correct me if i'm wrong, but it seems like districts are here to stay, just under a different title (divisions??) It seems like the whole point of doing this was to eliminate the district managers but still keep the separation within regions. It... — read more 

by
| 1700 views | | 5 replies (last February 10, 2020)
Post ID: @OP+13oRwnpm

Stop all the whining and do something about it

For far too long the real fuel behind a companies success has not been a CEO, COO, CSO or any other Corp Office Executive title that sits around and wonders how they can manipulate the company to make their stock options and/or grants worth more... — read more 

by
| 1630 views | | 10 replies (last February 9, 2020)
Post ID: @OP+13nQeTDS

Considering What's Going on With Retail....

What I find hard to believe is how many of you were surprised or caught off guard by this. Seriously? Are you living under a rock? Are you an ostrich posing as a human? Maybe spend less time in front of the id–t box and more time paying... — read more 

by
| 1130 views | | 6 replies (last February 7, 2020)
Post ID: @OP+13nGYLqd

Polaris

Polaris. noun. A star located at the end of the handle of the Little Dipper, in the constellation Ursa Minor, approximately 408 light years from Earth, and almost at the north celestial pole. Also called North Star . You see even the meaning is... — read more 

by
| 1060 views | | 2 replies (last February 8, 2020)
Post ID: @OP+13nZ50px

Any MTMs left?

How many MTMs have lost their position or got displaced?

by
| 2310 views | | 8 replies (last February 10, 2020)
Post ID: @OP+13nJWsFG

Atlanta Resource

For those in Atlanta, after 38 yrs of service, I left Macy’s last year, there CAN be a better life beyond Macy’s! Roswell UMC’s free renowned program helps you prepare and find another job/career. PLEASE go to https://www.rumc.com/jobnetworking. ... — read more 

CEO email

Who has it? The most recent one sent out. Post it in comments. The last post about this email was deleted and I want to read it

by
| 1340 views | | 8 replies (last February 9, 2020)
Post ID: @OP+13m4uCZF

Neighborhood stores

We got the announcement this morning that our store is becoming a neighborhood store ...what is the timeline for that? Is it just a small segway before we inevitably close? I want to hear first hand experience

Low Decline for last 10 Years

poor decisions from corporate too many young moved up the ladder with very little experience DM did very little to help the stores no strategy except cutting hours for employees and more workload for managers

It was bound to happen

Former Management here- Worked for the company for 8 years. 6 straight then the first round of store closures scared me to leave to another location. Then that retailer died in that location. Went back to Macy's and it was worse than the first 6... — read more 

by
| 2110 views | | 7 replies (last February 7, 2020)
Post ID: @OP+13mgufcw

At least there is media coverage...

Usually, when we have cuts barely anybody writes anything about it or even mentiones it in any way. This time, though, is different. Articles about this are all over the place and I have even seen some mainstream media coverage. I'm not saying... — read more 

by
| 1050 views | | 1 reply (February 5, 2020)
Post ID: @OP+13m19fXG

Will this work?

Does anybody here actually believe that this whole Polaris thing is going to do us any good? I think they are grasping at straws and I doubt we'll see any improvements in a year - other than reduced operating costs due to all the layoffs. I'm... — read more 

New Jersey Stores?

anyone know what the cuts are in NJ? i hear runners for W. shoes are being cut? and its going open sale. any news rumors? job ideas to jump to?

by
| 330 views | | no replies yet
Post ID: @OP+13meD3Nj

Here we go again

Prior years, the severance package was offered to those over 50. Yes, age does equal a higher salary when you factor in 2 to 3 % pay increases over 20 years. Regardless of talent, this group was eliminated for cost savings. Age... — read more 

by
| 2230 views | | 8 replies (last February 7, 2020)
Post ID: @OP+13mH9FGk

Any news about AST roles?

Except for cutting staff, the associate role and the supervisor role have not been touched in years except to take work away, amazingly. How do you have a supervisor who supervises basically nothing besides one or two associates, while other... — read more 

by
| 1460 views | | 6 replies (last February 5, 2020)
Post ID: @OP+13mWn54j

Indian IT Shop Model does not work

This round of layoffs is another evidence that the Indian IT shop model does not work. Stuffing your workforce with foreign workers may lower costs in the short period, but eventually you will pay the consequences. See what happened to Boeing with... — read more 

by
| 2080 views | | 4 replies (last February 6, 2020)
Post ID: @OP+13mHeqvZ

store structure?????????

So there are so many posts but what will be the store structure? Less managers? What about AST? DMET? MTM's? etc. Is there a different store structure for neighborhood stores?

by
| 1340 views | | 3 replies (last February 6, 2020)
Post ID: @OP+13muq4Lw

Negotiating the Severance Offer

Has anyone had any luck negotiating a severance offer at Macy’s? If so, who did you work with and what were you able to obtain?

by
| 1820 views | | 6 replies (last February 5, 2020)
Post ID: @OP+13mZbb9w

DVP role is eliminated?

I left a year ago and just heard this news. No more districts? Then all DVPs eliminated or shuffled to other roles? There were some great DVPs in the northwest region. So they are all gone? Did they finally merge the Northwest and Southwest... — read more 

by
| 1650 views | | 5 replies (last February 7, 2020)
Post ID: @OP+13m3364j

DME Position

“Director of Merchandising Execution” Obviously this position will land in “core” stores only. Any word or speculation on the volume threshold for the position to be in a store? Or is every store getting this new position.

by
| 1410 views | | 4 replies (last February 7, 2020)
Post ID: @OP+13meOSs2

Macy’s did this to themselves.

Macy’s is not able to compete at the target level. Stores are mall based on the whole. Consumers taste levels have never varied this much, yet the sameness throughout every region negatively affects everything. There is zero reason to... — read more 

by
| 880 views | | 2 replies (last February 5, 2020)
Post ID: @OP+13mfJPFV

Severance Plan

What's the severance for this go-around (layoffs never stop)... I was let go in 2018...

Start a new thread - post a news comment, question or message:

: