Omg…what is wrong with this company…zap all of the productivity and creativity out of the workers, for what? The all mighty annual bonus for Jeff and his cohorts? The loss of the creativity flow from visual is the worst. The stores are gross. What are the board of directors thinking…Circuit City? Shame on them. All the talent that makes Macy’s Macy’s is leaving for greener pastures. Does cutting the payroll of everyone with a talent and skill make Macys profitable in the long run? Do you really think Macys will exist in 10 years? Do you care? Do you understand that the hard working Macys teams will not work if you keep cutting? Do you want to go down as the board of directors that destroyed a business all for personal greed? Macys can only be profitable with substantial payroll cuts, really? I can see the case study for the demise of Macys from top rated business schools, like Stanford…and god forbid Cal’s Haas School of Business( Authors of the case study on the demise of Circuit City) My advice, cut the consultants, McKinsey types…get rid of them. Their advice is ki----g this company literally. Think and take a chance to be original in your leadership. Do not follow the sheep led by the consultants…it is hard but rewarding. What do you have to lose, Jeff? Jeff are you out there?