Macy’s to cut 3,000 jobs in U.S. July 21, 2021 July 21, 2021 admin

Macy’s will reduce its U.N. workforce by 3,500, the company said Monday, adding that it plans to hire another 3,600 workers in the U.K. and Germany.

The company said in a statement that it will close stores in Germany and the U of A and will lay off 3,400 workers at its flagship store in New York City.

Macy’s has been facing a growing number of closures in recent months amid the ongoing global economic downturn, as consumer spending and sales have slumped and corporate profits have slumped.

Marlow said that while the U., Canada, and U.k. were all affected by the downturn, the U