Topics regarding layoffs at Macy's Inc.

Topics regarding layoffs at Macy's Inc.

Macy's 1st Round of Closures Accouncement

Macy's is excepted to announce the 1st round of closures the end of May. G.O.B. will start Mid-June and will last 8 to 12 weeks. The affected stores will be shuttered by either late August or early September.

Question of the week

Did any of the senior leaders consider the impact of announcing the company would be closing 150 stores and then only telling the stores that are on the list? WTF. Our store isn't on the list, but since nobody outside of the closing stores know, we... — read more 

Interesting article

For all those who continue thinking M is in the same state as Sears and will close anytime soon need to read the article I ran across. Sure some of the recent upswing in stock price is driven by takeover rumors but I would like to think it is more... — read more 

Macys firing top sales people

Macys is the only company i ever saw under Jeff leadersh*t that got rid of all their top sales people. He destroyed the company from within There was a indian guy who sold 1 million in Mens suits a year then the commission was gone and they had... — read more 

Late breaking news

NEW YORK--(BUSINESS WIRE)-- Macy’s, Inc. (NYSE: M) today confirmed that it has received a revised, unsolicited, non-binding proposal from Arkhouse Management Co. LP (“Arkhouse”) and Brigade Capital Management, LP (“Brigade”) to acquire all of the... — read more 

re: replacing colleagues

Anticipated side effect of the announcements about closing stores? Stage whisper comments from People Leaders about replacing colleagues with younger colleagues with better metrics from closing stores. It might not be a mistake to do some HR... — read more 

Are these Macy's underperforming stores??

Are these stores listed below all of Macy's underperforming stores. Or are there some I forgot to include? Or are some of these listed some of Macy's better performers?? SanTan (Gilbert) Arizona 355 Northfield Stapleton Colorado Orchards... — read more 

Small Store Strategy

so being they announced 50 stores will close a year are they still opening the smaller locations?

How long does it take to plan a mass layoff

In yesterday's business updates the head of HR said there are no plans as of now, and mass layoff takes months to plan, can anyone share how long they need to plan such a thing? Given sales are down badly this month, not hoping much for Q1 results. — read more 

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| 1270 views | | 5 replies (last March 10, 2024)
Post ID: @OP+1rinBGmc

This is the end of Macy's

When you start shrinking at this rate instead of growing or at least maintaining the number of stores, it's the beginning of the end. They might say they will close 150 stores over the next three years, but I wouldn't be surprised if that number... — read more 

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| 990 views | | 2 replies (last February 29, 2024)
Post ID: @OP+1ri6ywjq

This whole thing could have been handled so much better

There isn't enough transparency. Employees have no idea what's going on and that affects our work. How hard is that to figure out? The more we stress over things and the more we wonder what's going to happen, the more morale will go down, and with it... — read more 

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| 1080 views | | 4 replies (last February 29, 2024)
Post ID: @OP+1riNC6wm

Still Here?

What does closing 150 stores mean for those of us who still work here? Well, there's the obvious. 150 stores is about 30% of the Macy's portfolio (not including Bloomies, and Blue Mercury). All of the managers and employees who work at these... — read more 

Macy’s Manchester NH

Is my location closing? I’m on leave and I don’t really want to call and ask. I might just not return from leave if that’s the case.

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| 860 views | | 3 replies (last February 28, 2024)
Post ID: @OP+1rhJd1rS

Here we go

These closings will reverberate throughout Macy’s. I expect waves of layoffs, well beyond peeps in affected stores.

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| 750 views | | 1 reply (February 27, 2024)
Post ID: @OP+1rhKqjp7

New taking your break procedures

Have y’all heard about the new requirement starting, I believe, March 6, that we will be required to answer questions about whether we have or have not taken our daily breaks and if not why not. Supposedly you cannot clock out until you have answered... — read more 

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| 1140 views | | 2 replies (last March 10, 2024)
Post ID: @OP+1rgtWaDl

Spring Business Update Call

Random call added for Store Managers , DVPs, RDOS, and HRBPs on Friday evening for tomorrow at 5pm. What could it be?

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| 872 views | | 1 reply (February 27, 2024)
Post ID: @OP+1rgHO3u6

Old but still very interesting

https://www.cnbc.com/2024/01/25/arkhouse-macys-take-private-financing-is-in-place-kahane-says.html

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| 490 views | | no replies yet
Post ID: @OP+1rcdZUGz

Todays Letter From, here if you have not read yet.

To: All Macy’s, Inc. colleagues A Message from Tony Hi everyone, You may have seen that we just issued a press release announcing one of our shareholders, Arkhouse Capital, notified us that it has nominated a group of individuals to stand... — read more 

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| 1420 views | | 5 replies (last February 27, 2024)
Post ID: @OP+1ragnhk6

Layoffs update

Do we know anything new for certain? I have a bad feeling about where all this is going.

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| 710 views | | 1 reply (February 21, 2024)
Post ID: @OP+1raWDsmx

Are we sc--wed?

Tony's new message on Arkhouse Capital, who has nominated a group of individuals to stand for election to our Board at the 2024 Annual Meeting. Sounds like we are done.

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| 990 views | | 3 replies (last February 21, 2024)
Post ID: @OP+1raAg5eb

Thoughts?

https://www.thelayoff.com/post/@byuz+1qXmkWXa

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| 760 views | | 1 reply (February 19, 2024)
Post ID: @OP+1r9tbxqm

SINCE WHEN????

We can't wear hoop earrings, or wear our hair down!! What does that have to do with our performing our job duties and responsibilities??? Plus, WHY are we being threatened with termination of employment lf we don't open enough Credit Card... — read more 

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| 1120 views | | 5 replies (last February 20, 2024)
Post ID: @OP+1r8Pk5uK

Who is Macy’s hiring? 😳

We have a new colleague, full-time position, very weird and sketchy person. Well I decided to do some investigating and it turns out there is a mug-shot out there with a dui and domestic violence within the past year??? WTF?! This person didn’t even... — read more 

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| 1010 views | | 6 replies (last February 20, 2024)
Post ID: @OP+1r7QXYqA

Announcement Next Week?

Anyone hearing that there will be another announcement next week? Store Manager's in Vegas are being told they need to be available for a call even if they are on PTO. What up? Thoughts?

Anymore Buzz About Q1 Results

Wondering if anyone heard of any buzz regarding the potential spiral if we bo-b Q1,hence have fall outs in June?

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| 900 views | | 5 replies (last February 15, 2024)
Post ID: @OP+1r4LBQ5H

State Street status?

As a lot of people know the lower level candy section of the iconic Marshall Field’s flagship has closed! Makes me wonder if the store itself is going to last much longer. They already took out the central atrium and sold off the upper floors… I’m... — read more 

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| 960 views | | 5 replies (last February 20, 2024)
Post ID: @OP+1r3vDrH5

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