Macy’s will lay off most of its 130,000 employees due to COVID-19 crisis

New York, Mar 30 (EFE) .- The iconic Macy’s department store in the United States announced on Monday that they will fire this week the “majority” of its 130,000 employees to have “the minimum necessary personnel for basic operations” because It faces heavy losses due to the COVID-19 coronavirus pandemic, which forced it to close all its stores on March 18.

In a brief statement, the firm reported that the measures it has taken to maintain “financial flexibility” are not sufficient and will give unpaid work permits to most of its employees, with some exceptions for those who work in the digital business, and explained that “at least until the end of May” they will continue to receive their health coverage from the company.

“We look forward to bringing our colleagues back on a phased basis as business resumes,” Macy’s added in the note.

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(c) EFE Agency

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