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Macy’s suspends most of its employees



NEW YORK – Macy’s suspend most of its 130,000 employees without pay, at a time when its stores are closed due to the announced health measures to combat the spread of the coronavirus.

The store chain announced Monday that use only a “minimal workforce” to maintain its basic operations. Your operations on-line they will not suffer such a severe effect.

Employees with medical benefits will continue to receive them.

We hope to be able to bring colleagues back gradually as normality returns, ”said the company.

Macy’s closed its more than 500 stores this month due to the pandemic.

In order to remain solvent, he suspended the payment of dividends, suspended his line of credit; He froze all hires and expenses and canceled his orders. You are currently evaluating all of your financial options.

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