Macy's Furloughs Most Employees Due to Financial Struggles and COVID-19 Closures

The move applies to the majority of the mega retailer's 125,000 workers

For the second half of March, all department stores under the red, star-shaped Macy’s umbrella have been shuttered due to the ongoing COVID-19 crisis. While online shopping is still available for consumers, closing down the almost 870 physical Macy’s properties has hit the business hard.

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