Macy's laying off over 1,000 workers, 'simplifying' operations
Macy'sMacy's(US:M) Yahoo Finance·2026-01-21 16:59

Core Viewpoint - Macy's is closing multiple facilities in Connecticut and laying off over 1,000 workers to simplify operations and modernize its supply chain [1][2]. Group 1: Facility Closures - Macy's will close facilities in South Windsor and Cheshire, with closures beginning in March [1]. - The company is shutting down the South Windsor Distribution Center and the Cheshire Fulfillment Center, impacting approximately 993 jobs [4][7]. - The closures are part of a broader strategy, as Macy's plans to close 14 stores across 12 states [3]. Group 2: Layoff Details - Over 1,000 workers will be laid off, with the majority from the Cheshire location, including 485 fulfillment associates, 193 power equipment operators, and 72 inventory control and quality assurance workers [1]. - The layoffs will occur in phases, with specific dates for different positions ranging from March 14, 2026, to August 29, 2026 [7][8]. - A small number of workers will remain employed until April 2027 for decommissioning and equipment removal [8]. Group 3: Employee Support - Macy's plans to provide laid-off employees with information about transfer opportunities to other nearby Macy's locations [2].

Macy's laying off over 1,000 workers, 'simplifying' operations - Reportify