They added $630 million to the 1.5 billion to be cut by 2022. They are also going to have less inventory. Cut hours , and cut upper management. If you make $ 11 a hr your safe.
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Try operating a factory with trained qualified workers only to fire them and hire people with no training. Hello, look around everyone, what do you see. There will eventually be a ruin left from the lack of knowledge and skills.
It’s posted under ceo talks on here. Go read it.
So they are just going to cut anyone over $11 with no regard to any other factors deciding their employment with Macy’s’?? Is this under the disguise of “restructuring” again?
Is this fact or rumor...
Hi can you share an updated link to the increased budget cuts,or did you hear through an internal source?