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Saturday, March 2, 2024

Macy’s is laying off workers and closing five stores

New York CNN — Veteran department-store chain Macy’s is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business for the online-shopping era. “As we prepare to deploy a new strategy to meet the needs of an …

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