Posts in the Employment category

7000 Job Cuts at Macy's

2009-02-03 13:14:16

Everyone is struggling at the moment, and it seems that everyday, you read of somewhere else issuing job cuts. Now, it's the turn of Macy's, who have announced their plans to cut 7000 jobs so that they can reduce costs. Cutting the 7000 jobs should make them an annual saving of £281million, which should help keep them afloat against reports of falling sales.