Macy’s Is Putting Most of its Workers on Furlough as Coronavirus Halts Store Sales
Macy’s, Inc. will be furloughing the majority of its employees this week as the coronavirus pandemic continues to take a heavy toll on its operations.
The retailer announced today that it will be “moving to the absolute minimum workforce needed to maintain basic operations,” with most employees to be placed on unpaid leave. Through at least May, furloughed workers will continue to receive health benefits, and the company expects to bring back employees “on a staggered basis as business resumes.”
On March 17, Macy’s announced that it would temporarily shut down all outposts from March 18 through the end of the month, including its namesake units as well as stores for Macy’s Backstage, Market by Macy’s, Bloomingdale’s, Bloomingdale’s the Outlet and Bluemercury.
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