Logo

Macy’s said on Monday it would furlough most of its 130,000-strong workforce starting this week as all of the company’s stores have been temporarily shut due to the coronavirus pandemic.

The department store chain added that there would be fewer furloughs in its digital business, which is still operational, supporting distribution centers and call centers.

Macy’s had about 130,000 employees as of Feb. 2.

Shares of the retail giant were flat on Monday morning, trading at $5.51.

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy