03-30-2020, 01:17 PM
This is the sound of the unemployment rate going up a tenth of a point. Macy's furloughed most of their 130,000 employees.
That will be interesting. Of the 130,000 furloughed, how many will be able and willing to return to work when Macy's reopens, either next month or next year?
https://www.cnbc.com/2020/03/30/coronavi...-week.html
Mine's happening tomorrow. 10% staff cuts, 15% pay cuts for everyone remaining. This is just round one.
That will be interesting. Of the 130,000 furloughed, how many will be able and willing to return to work when Macy's reopens, either next month or next year?
https://www.cnbc.com/2020/03/30/coronavi...-week.html
Mine's happening tomorrow. 10% staff cuts, 15% pay cuts for everyone remaining. This is just round one.
Audaces fortuna iuvat
