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Macy"s to furlough majority of its 130,000 workers amid coronavirus

Department store giant Macy's Inc. announced Monday that it will furlough the majority of its workforce of 130,000 as it grapples with the impact of COVID-19, which has ground sales to a halt. Macy's (NYSE: M) made the announcement 13 days after it.....»»

Category: topSource: bizjournalsMar 30th, 2020

Macy"s, Kohl"s, Gap to furlough thousands of workers as pandemic worsens

Retail giants Macy's, Kohl's and Gap have announced widespread furloughs amid soaring reports of coronavirus cases in the U.S. The pandemic has sent the economy into free fall, with massive layoffs and small business .....»»

Category: topSource: moneycentralApr 1st, 2020

Amid Coronavirus Closures, Macy’s Furloughs Majority of Its 130,000 Workers

The company is transitioning to an 'absolute minimum workforce' (NEW YORK) — Macy’s says it will stop paying tens of thousands of employees who were thrown out of work when the chain.....»»

Category: topSource: timeMar 30th, 2020

Coronavirus pushes Macy"s to furlough majority of 130K workers

Macy's Inc. will furlough the majority of its employees beginning this week as sales have evaporated while its stores remain closed due to the coronavirus......»»

Category: topSource: foxnewsMar 30th, 2020

Macy"s to furlough "majority" of workers starting this week because of coronavirus

Retail giant Macy's said it will furlough a "majority" of employees as companies continue to navigate how to operate during the co.....»»

Category: topSource: usatodayMar 30th, 2020

Nordstrom furloughs majority of workers

The coronavirus pandemic has forced Nordstrom to indefinitely close all its stores and now to furlough the majority of its workers......»»

Category: topSource: moneycentralApr 8th, 2020

Tesla cuts salaries and furloughs workers amid wind-down

Tesla will cut salaries by as much as 30% and furlough workers in the wake of the electric carmaker's forced production wind-down due to the coronavirus pandemic......»»

Category: topSource: moneycentralApr 8th, 2020

Tesla to furlough workers, cut salaries amid coronavirus shutdowns: report

Tesla Inc. will cut salaries and furlough non-essential workers at its U.S. facilities until they are able to reopen amid the coronavirus pandemic, the tech news site Protocol reported Tuesday night. According to a.....»»

Category: topSource: marketwatchApr 7th, 2020

Almost all of San Francisco"s public transit will be shut down as the city gears up for an expected surge in coronavirus cases

Justin Sullivan/Getty Images The majority of San Francisco's public transit lines are being shut down amid the coronavirus pandemic. Out of Muni's 68 bus lines, only 17 will be kept open for essential workers. The change is due to o.....»»

Category: topSource: businessinsiderApr 7th, 2020

Macy’s furloughs most of its 130,000 workers

Macy’s, which closed all its stores March 18 in response to the coronavirus pandemic, said it would furlough the majority of its workers starting this week. The company employs about 130,000,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 1st, 2020

Neiman Marcus to furlough employees and extend closures

Neiman Marcus Group Inc., which closed all of its stores this month in response to the coronavirus pandemic, is extending the closures and will furlough a majority of its around 14,000 workers in the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 1st, 2020

J.C. Penney furloughs staff, extends store closures amid pandemic

J. C. Penney Co Inc said on Tuesday it would furlough a majority of its hourly staff and salaried associates next month, the latest U.S. retailer looking to weather the financial strain from store closures due to the coronavirus pandemic......»»

Category: topSource: reutersMar 31st, 2020

Gap Sales Drop Amid Pandemic, Retailer To Furlough 80,000 Workers In US And Canada

Gap Inc. (NYSE: GPS) will furlough 80,000 employees at its stores, which remain closed as the coronavirus pandemic rampages across the United States. read more.....»»

Category: blogSource: benzingaMar 31st, 2020

Gap, Kohl"s, Macy"s to furlough workers due to coronavirus downturn

A pandemic of the novel coronavirus has claimed the lives of more than 36,900 people across the globe......»»

Category: topSource: moneycentralMar 31st, 2020

Macy"s to furlough majority of its 130,000 workers

Department store giant Macy's Inc. announced Monday that it will furlough the majority of its workforce of 130,000 as it grapples with the impact of COVID-19, which has ground sales to a halt. Macy's (NYSE: M) made the announcement 13 days after it s.....»»

Category: topSource: bizjournalsMar 30th, 2020

Macy"s to furlough majority of its 130,000 workers

Department store giant Macy's Inc. announced Monday that it will furlough the majority of its workforce of 130,000 as it grapples with the impact of COVID-19, which has ground sales to a halt. Macy's (NYSE: M) made the announcement 13 days after it s.....»»

Category: topSource: bizjournalsMar 30th, 2020

Macy"s, with local workforce of 3,600, to furlough majority of its 130,000 workers

Department store giant Macy's Inc. announced Monday that it will furlough the majority of its workforce of 130,000 as it grapples with the impact of COVID-19, which has ground sales to a halt. Macy's (NYSE: M), which employs about 3,600 in the Queen.....»»

Category: topSource: bizjournalsMar 30th, 2020

Macy"s to furlough majority of its 130,000 workers this week after losing "majority" of sales

Macy's Inc. said Monday that it will furlough most of its staff as store closures take a toll. As of Nov. 2019, Macy's had 130,000 staff members. The department store retailer'.....»»

Category: topSource: marketwatchMar 30th, 2020

Marriott Vacation Worldwide closes some North America resorts, furloughs workers

One of Orlando's major timeshare operators, Marriott Vacations Worldwide (NYSE: VAC), has announced it will furlough workers and reduce work hours for others amid the coronavirus pandemic. The timeshare operator said it closed all its North Ameri.....»»

Category: topSource: bizjournalsMar 24th, 2020

Internal email at Freeman shows plans to furlough employees starting March 23

As a part of Freeman's plans to scale back operations in light of the coronavirus pandemic, the company is furloughing what it categorizes as a majority of its workers. In an email obtained by the Dallas Business Journal sent on March 17, CEO Bob Prie.....»»

Category: topSource: bizjournalsMar 18th, 2020

Companies offering hiring incentives to lure workers amid COVID-19 state reopenings

A growing number of companies across the country are offering incentives to lure new employees as the US economy continues its recovery from the coronavirus pandemic......»»

Category: topSource: foxnewsMay 7th, 2021