The enterprise value of real estate and digital is way more than current market capitalization. I hope an activist investor steps in and extracts the locked in value to put this century old legacy company to RIP.

https://www.usenix.org/system/files/login/articles/login_june_07_jones.pdf An unusual feature of Google’s engineering hiring process is that the hire/no-hire decision is not made by a manager; instead, it’s made by a hiring committee before going... — read more 

Clearance sales will begin in January 2020. The store will close at the end of February. Store employees first learned of the closing Friday morning in a regular staff meeting. An employee who was present said people were “aghast. I mean, their... — read more 

Did I hear there were layoffs today? 500 from buying office and no more ASMs?

Now that the dust has settled with Bon-Ton closures. Predictions of Regional reductions are on the horizon .Big boxes will go down to 4 and the goal is to get down to 3 . Many analysts predict further loss of high paying VP, Director and executive... — read more 

1-Pager, 2-Pager, 3-Pager Portfolio Model / Certification of Value Program Management Office Timesheet Culture BS Agile / ScrumBan Free for all experimentation (no proof of statistical validity) Heavy dependence on contractors *... — read more 

Does anyone know what this is about? How does this manager fit in the store org chart? https://www.indeed.com/m/viewjob?jk=42f5fddb2d30b348&from=serp Also see new Vendor Brand Specialist job postings. What brands and is it all stores?

Here are the top 10 companies where employees most fear being laid off, and the percent of employees who said they were afraid: Tesla Motors (77.22%) eBay (71.88%) Snapchat (71.25%) SAP (66.28%) VMware (65.77%) Oath/Verizon Media... — read more 

I was laid of at Macy's Technology. As expected, after the layoff my Macy's card reverted to the standard-issue card, and my corporate email address was no longer valid. When I asked customer service the best way to proceed, they said that I simply... — read more 

We received the memo last week on saving money through hour cuts, not fill open management shifts and company wide travel band. But the executive team came working through our store @ 8:00 last night “under the radar”! What happened to the so-called... — read more 

I have sensed criticism of current CTO (due to SanFrancisco layoffs) – perhaps it will be informative to compare current CTO (focussed on Cost) versus Last CTO (focussed on Process). I thought CTO meant "Chief Technology... — read more 

Macy’s revealed Monday evening that it has begun a search for a CEO to lead the 157 store-plus BlueMercury cosmetics chain. The brand’s co-founder and Chief Operating Officer Barry Beck will leave the company on Sept. 20 to pursue an undisclosed new... — read more 

Anyone else have their hours cut? Our Store Manager just showed us an article about a strategy to save $500 million in expenses and explained that hours have been cut across the store to achieve the savings requirements. We had a ton of open shifts... — read more 

Anything new in store for the Jewelry Complex? Any key positions like JBM, JSS, Captain or Clerical combining or changing soon?

Is the AST being combined with AYS?

Any feed back form former MST working for NCR. How is the work load, etc? Is there an improved working environment??

I thought about applying in the Women's shoe department, but I heard that they cut the commisson rate in that department. Does anyone know if this is true?

Is there any real news out there regarding sept cost cutting? By real news, i mean not all these tired posts from disgruntled employees.

Considering how understaffed we usually are, among other things?

Start with what's been earning yr over yr. .com sector. Dump piles of capital into more buildings. Re-align the company and equip it properly to cater the .com industry. Keep stores open for that small 20% of people who are still traditionalists... — read more 

I know things have been far from perfect lately, but that's the situation in the entire retail sector. Several of my former co-workers quit and are now regretting that decision. It was easy to find a new job, but it was impossible to find a new job... — read more 

Have you ever head of "Story" at Macy's? Probably most people haven't. Why would department store spend a lot of money with a concept like "Story" (a unique department that changes every 3 months) when they never (or seldom) promote it in their ads?... — read more 

CFO Paula Price told investors in early 2019 that the company was preparing a major multiyear cost-cutting program. Macy's hasn't shared details of that effort yet, but will do so – including hard numbers for its expected savings – in early... — read more 

71-0.23 (-1.54%) At close: August 26 4:00PM EDT

To all of us who Macy’s laid off over the years, what did you do with your old 401k? I forgot about mine for a few years, it just sat and plan on rolling over to an existing IRA account. I’ve been with my current employer for 2 years now... — read more 

Has the dust settled yet? If I were Mr. Gennette I would be in hiding after the last earnings release. Your reputation as a company is tarnished by your lack of integrity to your employees and customers alike. Women do not want rhinestones on... — read more 

Cramer reports Macy's 2Q earnings as poor execution? Macy's should be gaining the JC Penny customer. Walmart and JC penny stocks both increased after their earnings report. Macy's has lost it's unique brand. Go back to the drawing board and... — read more 

Hope you guys go broke buying Macy's stock. Jeff is spending his 18% pay increase trying to keep the stock price up.

Bottom line: If a company does not keep great people and encourage them to do their best work in a positive environment it will fail.

Avoid this retailer on the long side, as M's stock price could drop to the mid-teens in the months ahead.

Now everything seems shaky. Should I look for another job? My guess is the rest of us will get laid off after Holiday. I miss my laid off friends and wonder if the company considers the human cost of layoffs

Anyone hearing anything about further region and district staffing reductions heading into the fall season. My Store Manager was expressing her concerns about our one day sales results and the stock price drop today and commented that I should stay... — read more 

For it's layoffs last month, Macy's Technology seemed to consider what type of visa employees had, and no one with a Form 1-140 or a visa that would put their status in the US in danger, was let go.

Look for massive layoffs as te economy sinks. Macys will not survive!

Does anyone know if ANY of the healthcare plans offered by your company cover HIV/AIDS d–gs like Truvada? We have a church member in the DC area recently diagnosed with HIV.

The fulfillment team/ packers all got their hours slashed. Did that happen in your stores? And why?

is Macy’s eliminating Wedding and Gift Advisors and Corporate Support Employees?

I was told that the chief technology officer told the Lorain contractors not to listen to anyone that has been there more then 5 years....they are corrupted. Interesting comment to make. Reinforces the general opinion here that it will be all... — read more