News

Macy’s is furloughing most of its workers without pay

Macy’s CEO Jeff Gennette informed staff on Monday that the company is furloughing the majority of its workforce as it deals with the impact of the coronavirus pandemic on its business. “My top priority is having cash sufficiency in our company during the crisis,” he said. All of Macy’s stores […]
Macy’s is furloughing most of its workers without pay