Thread regarding Macy's Inc. layoffs

Macy's stock rose 143% in 2021.

So proud xoxo

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| 1261 views | | 5 replies (last January 17, 2022) | Reply
Post ID: @OP+1eFay12J

5 replies (most recent on top)

you forgot they laid off 130k people then hired new people for less money all while the CEO got 9 million bonus and that's the truth !

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Post ID: @bymg+1eFay12J

Sinking ship ! Get out while you can

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Post ID: @aepe+1eFay12J

If you were around in 2015, the stock was in the $72 range at one point. So being happy about 2021’s performance is only relative to when you bought in.

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Post ID: @3shv+1eFay12J

It rose bc they mortgaged and sold off a big chunk of its real estate not bc the stores were profitable

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Post ID: @1lak+1eFay12J

Yeah it rose because they took the money out of the paychecks of tenured employees by paying them less than new hires.

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Post ID: @1wwf+1eFay12J

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