Macy’s to layoff 2500 employees, close 5 stores nationwide

Macy’s has announced plans to lay off about 2,500 employees and close a number of stores as part of an overall cost reduction plan.

 

The company has not yet released where the affected employees are located.

 

A total of five stores are slated to close.  Those stores are located in Arizona, Kansas, Missouri, New York and Utah.

 

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