Phil Matier: Macy's Layoffs Moving Towards the Online Side

Phil Matier

English - February 05, 2020 02:27 - 2 minutes - 2.71 MB - ★★★★★ - 38 ratings
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Macy's is laying off more than 800 workers in San Francisco from its Macys.com division. It's part of a restructuring, which also includes the closure of 125 stores nationwide.

KCBS and Chronicle Insider Phil Matier says this is partly because San Francisco is becoming too expensive.

Macy's is laying off more than 800 workers in San Francisco from its Macys.com division. It's part of a restructuring, which also includes the closure of 125 stores nationwide.

KCBS and Chronicle Insider Phil Matier says this is partly because San Francisco is becoming too expensive.