Thread regarding Macy's Inc. layoffs

Who will fall victim to Gennette’s shakes

This is an excellent article for those want to get familiar with the plans of our CEO to give the company a new business direction and restructure it in order to meet the new and more challenging market demands. If you read between the lines, you will see that Gennette has tremendous willpower to do everything that is necessary to align the company’s direction with his own ideas and visions. Although I agree that the company needs to innovate in order to be competitive, and the final product of the changes will be a more functional and healthy company, I'm afraid that that is going to be done very aggressively and at the expense of many jobs. Think we are going to see more closings, shifts, reorgs, and it’s not going to be pleasant for anyone.

https://chiefexecutive.net/jeffrey-gennette-is-shaking-up-macys/

by
| 1601 views | | 2 replies (last November 5, 2018) | Reply
Post ID: @OP+VZUzf5b

2 replies (most recent on top)

Implementing "changes" since 2008. They involve firing experienced folks, many who have been through multiple mergers, down times, good times etc. and knew how to manage change and hiring the inexperienced and sycophants and installing a reign of terror. Positive change and empowering smart people to achieve is whats needed. Open dialogue about opportunities, what's working, what's not working. Cut back on internal meetings so folk have time to develop productive partnerships with market, etc. The job market is very strong. Our company has hired 8 of your expatriates in the last year and a half. All that knowledge and experience came with them. People want to work hard in a supportive environment and in this business cycle they can. Everyone knows its all about divesting Macy's real estate.

by
| | Reply
Post ID: @brr+VZUzf5b

you are overemphasizing this little article.

company needs to change.

if the Dems get power back and the tax cuts get reversed, all this will come to a screeching halt anyway.

by
| | Reply
Post ID: @jda+VZUzf5b

Post a reply

: