Do you think there may be small/medium/large Macy's Layoffs 2020? Any news or rumors?

I notice something. Not only did our commissions get lowered to nothing. It seems they ( Macy’s) is siphoning off our sales. I would go clock out for lunch after I sold 1000 dollars in shoes and come back to only selling $500. !! I’m like I got... — read more 

Is Macy’s a corrupt company?

The problem: The problem is that people still go to malls mostly to eat and hangout unfortunately. In today's world consumers are smarter and have more shopping tools. They can download a QR or Barcode scanner for free go into Macys find what... — read more 

there is gonna be massive lay offs next year.. been with the company 30 years? 20 years? 10 years? if your a manager look forward to your package. if your a associate making too much money look for fake complaints, fake right ups, etc. if your loss... — read more 

Attitude is everything. Customers/Guests Always First!

Has anyone else heard about the District Merchant positions being eliminated or downsized? Most of the DM’s in my district are being moved back into store management roles.

Macy’s operates 868 stores under the nameplates Macy’s, Macy’s Backstage, Bloomingdale’s, Bloomingdale’s Outlet, Bluemercury and Story primarily in the United States. It reported $24.9 billion in revenue in 2018. Macy’s employs 3,600 in Cincinnati... — read more 

I finally figure out the whole growth 50 stores thing.. its 50 stores they will invest in that may survive but now they are moving to grow 150 stores... see the pattern here? Next it will grow 300 stores ! the wording is incorrect.. its not... — read more 

https://www.cnn.com/2019/11/07/business/gap-ceo-art-peck-old-navy/index.html The company's stock lost more than half its value since he started ... When would be Macy's???

Are we open on Thanksgiving?

So if the ceo clown is imploding the company... why is he doing it? does he walk out with millions? 1: I notice the cash register all have software issues.. is this from the lay offs? 2: my store no longer lets people do thanks for sharing, you... — read more 

This shows that SFO operation is leaderless and rudderless. I cannot explain why SFO folks will still need my advice and wisdom – I have moved on!!

Can anyone explain why a business leader who served as president of a company since 2014 and chairman since 2017 delivering a stock performance from $72.59 a share in 2015 sinking to $15.45 this morning (while the stock market has soared) still not... — read more 

Do we know that? Which Stores Are Closing in 2020?

Until July, if you were laid off at Macy's and had a loan from your 401K, you could continue to make loan payments. Just days before the July layoffs at Macy's Tech, the company changed its policy so that you either have to pay your loan in total, or... — read more 

https://www.forbes.com/sites/stuartanderson/2019/10/28/latest-data-show-h-1b-visas-being-denied-at-high-rates/ Denial rates also are high for H-1B petitions for continuing employment, which, as noted, are used primarily for existing employees. An... — read more 

https://www.npr.org/2019/10/18/771219861/forever-21-reveals-the-flaws-of-fast-fashion people don't want to spend their time browsing in giant stores anymore ...

Macy’s, Gap and L Brands have all been downgraded by Credit Suisse which warned of a “tougher” road ahead for the U.S. retail sector. The trio, known as softlines retailers because they sell ‘soft goods’ such as clothing, shoes and home furnishings... — read more 

https://www.forbes.com/sites/jackkelly/2018/12/12/is-verizons-voluntary-separation-a-plan-to-lay-off-an-older-generation-for-a-new-5th-generation/#31e4d1074253 In light of the outsourcing and voluntary separation plan, the remaining employees... — read more 

A very good video summarizing that end is near for retailers and Macys https://finance.yahoo.com/video/2020-holiday-season-impact-retailers-202122964.html

https://hbr.org/2019/10/why-companies-do-innovation-theater-instead-of-actual-innovation The reason I am posting this here is Macy's Tech under previous CTO was a lot of theater and process – compared to actual innovation and competitiveness... — read more 

Is it true that the current employee discount of 20 % is going to be lowered to 15%?

If you are in retail you can not "Hide" from the Global Recession on the horizon. This is going to impact everyone. Macy's is trying to survive like everyone else by cutting costs. Kroger announced yesterday they are laying off hundreds of employees... — read more 

https://www.retaildive.com/news/the-department-store-of-the-21st-century-isnt-macys/564318/ Top Quotes: "They keep acquiring things and bolting them onto a sinking ship." "Macy's has two things, space and audience, and they're not leveraging... — read more 

https://finance.yahoo.com/news/target-trips-reveal-why-the-stock-price-is-at-a-record-161732982.html Macy's needs good corporate strategy people.

In case anyone is curious what ex-Macy’s platform leaders are doing now: https://alchemistaccelerator.com/graduate/cresance “Patent pending breakthrough AI technology” “We were confronted with huge cloud costs everyday... we immersed ourselves... — read more 

Please go through this first: Walmart e-commerce is losing $1 billion as it tries to catch Amazon https://www.vox.com/recode/2019/7/3/18716431/walmart-jet-marc-lore-modcloth-amazon-ecommerce-losses-online-sales Multiple sources tell Recode... — read more 

MACY’S BARGAINING COMMITTEE LOOKS FOR PROGRESS IN NEGOTIATIONS AT UNION SQUARE Little progress was made in the most recent bargaining session as Macy’s management rolled out an unacceptable low-ball wage proposal and continued to ignore Local 5... — read more 

I posted few messages as a deeply anguished, humble and lost, tech worker ... postings removed since Macy's HR is actively managing the brad here (understandable ...)!

On Macy's, The Industry, Automation and Artificial Intelligence: Retail is only going to get worse and not better with all of the automation raising the bar for human equivalents. If I were to offer a suggestion it’d be to work towards a skill... — read more 

"1. Whatever the work is, do it well — not for the boss but for yourself. You make the job; it doesn’t make you. Your real life is with us, your family. You are not the work you do; you are the person you are." Toni Morrison — read more 

"This DC operates on the Google cloud platform, getting us improved efficiency, speed and scale to support the continued growth of our off-price business," said CEO Jeff Gennette on an August earnings call. The Macy's spokesperson did not respond... — read more 

Macy’s stock is down 50% in 2019, markedly lagging the rest of the S&P 500 since January. In fact, Macy’s is one of the worst performers in the index so far this year. The stock currently trades near $15 per share, down from its $40 high in 2018. The... — read more 

Battling out in this "supposed" anonymous forum is a pointless activity ... please save yourself from next recession. https://www.forbes.com/sites/cognitiveworld/2019/10/02/preparing-for-the-next-recession/#406d988c35b9 Contractors and part... — read more 

It is a public information in LinkrdIn to know in last six months how many people left or laid off from Macy's.com in San Francisco. It is 100+ year old sinking ship in San Francisco Bay Area. I hope the people are able to adjust in a fast moving... — read more