Macy’s West is Finito…the worst has yet to come for our economy
Posted in Community on February 3rd, 2009
Fact: sfgate.com today reported: “The Macy’s Inc. chain of department stores will cut 7,000 jobs nationwide, including 1,400 in San Francisco, where it will eliminate the Macy’s West division that now handles buying, planning and merchandising for 259 stores in California and nearby states.
The cuts, which amount to about 4 percent of Macy’s 180,000-person workforce, come as some retail chains have filed for bankruptcy and others have announced layoffs.
Employees at Macy’s West learned of the layoffs Monday morning when signs were posted at the entrance to their offices on Union Square directing them to assemble in the basement ballroom of the nearby Grand Hyatt Hotel.” CLICK HERE TO READ MORE
Based on all credible sources, the economy will be getting worse so I urge all of you currently employed individuals to appreciate your situation and remember those who may be in need of assistance in the near future…times are pretty bad for a lot of people, maybe not you but somebody in your row..Stay Positive. Stay Fresh. Stay Esfac’e
