Macy’s announces layoffs for 2,350 employees amid five store closures

Published January 18, 2024 8:05pm ET



Department store Macy’s will lay off some 2,350 jobs, about 3.5% of its workforce, beginning next week.

Macy’s sent a memo Thursday, obtained by the Wall Street Journal, announcing layoffs on Jan. 26. These layoffs exclude the seasonal hires of the holidays. This memo also included the announcement of store closures in Arlington, Virginia; San Leandro, California; Simi Valley, California; Lihue, Hawaii; and Tallahassee, Florida.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.