Macy’s cuts 100 management jobs in restructuring plan

Macy’s cuts 100 management jobs in restructuring plan

Macy’s says it is cutting 100 management jobs as part of a restructuring plan.

The department store is expecting the plan to generate annual savings of $100 million.

Macy’s said it was putting additional resources behind attracting new customers, improving its supply chain, and innovating inventory management.、

Business Insider

https://www.businessinsider.com/macys-cuts-100-management-jobs-restructuring-2019-2?utm_source=feedly&utm_medium=referral