Macy’s to Furlough Majority of 130,000 Employees Amid Coronavirus Closures

Macy’s to Furlough Majority of 130,000 Employees Amid Coronavirus Closures On March 30, Macy’s Inc.

Announced their decision to furlough a majority of their employees and instead move to the “absolute minimum workforce needed.” The exact number of employees being furloughed is not known, but Macy’s currently has around 130,000 part-time and full-time employees.

The furlough decision was made in an effort to preserve the company, as Macy’s has lost a majority of its sales due to the COVID-19 forced closure of all its storefront locations.

Macy’s Inc., via statement According to their statement, there will be “fewer furloughs” in their digital business, distribution centers and call centers, as Macy’s will still operate online.

Furloughed employees who are enrolled in the company's health benefits plan will reportedly continue to be supported until at least May.

Macy’s said they expect to bring employees back on a “staggered basis” once normal operations begin to resume.