Macy’s cutting 7,000 jobs
By Geert De Lombaerde Posted on February 2, 2009 at 1:43 pmThe country’s largest department store operator will lay off about 4 percent of its work force, streamline its purchasing and planning organization and slash its dividend. Macy’s (Ticker: M) employs about 800 people in the Nashville area.
Tags: department stores, dividends, layoffs, Macy's Inc., retail
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