The Unemployed Life
Screwed: 1,500 at Macy’s
A daily review of the employment fallout around the country and the world.
Today’s total: 3,242
Macy’s Inc plans to layoff a whopping 1,500 store-level positions by March 6…Borders Bookstores will cut its workforce by 742 workers, which accounts for 15 percent of staff members…Time Warner Cable will soon cut 350 jobs in Denver, Colorado…Glassmaker Zeledyne LCC handed pink slips to 210 workers yesterday…ArcelorMittal plans to lay off 171 steelworkers at its West Virginia tin mill…Leading glass-manufacturer Owens-Illinois is foreclosing their Charlotte, NC plant and laying off 137 jobs…TTX confirmed 67 layoffs in their South Carolina plant…Prepaid debt card-issuer Meta Financial Group will lay off 40 workers…Yesterday, The Star Tribune cut 15 positions in the newsroom, increasing their unemployed total to 95 since the fall…Southampton Memorial Hospital have laid off 10 hospital workers since last Friday…Deutsche Boerse AG plans on laying off up to 10 percent of its work force.
Are you one of the Screwed? Check out Recessionwire’s Laid Off 101. Read more about layoffs at the sites compiled on out layoff tracker page.
Tags: Discussion
4 comments for “Screwed: 1,500 at Macy’s”
Post a comment
Special Sections
1500 jobs lost is nothing to “whoop” about. I believe you meant a “whopping” 1500 jobs lost at Macy’s.
That is very true. Thanks for catching that!
it’s crystal clear. that some companies have found a way to get rid of their older workers, who built their companies, because they are earning a bit more than minimum wage. The young executives walked in with the perception that these older workers do not deserve their pay and benefits, forgetting that they were earned over the yers.
T’was evident from first day of Macy’s takeover…things started happening. The powers to be forget the merchandising and back of the house staff is the heart and soul of getting things set for sales associates to sell. No one job is more important than the other – it’s all part of the plan. Take people down to 12 hours/week – take away their benefits, take away their self esteem, take away necessary pay to live. Your stores look like that – shabby, unkept, dirty and in desperate need of repairs. Doors shuttered, walls put up to conceal former departments, all service needs taken away from store. Shame on you so called top executives that let this happen while you continue to rake in the profits. Be careful, you could be next on the list.