The retailer also plans to shift its technology operations from San Francisco to Atlanta and New York. The move will involve 831 layoffs, according to the San Francisco Chronicle, citing a state labor filing. Under a “campus consolidation” plan, Macy’s also said New York would become the company’s sole corporate headquarters. The group would be closing its site in downtown Cincinnati, as well as the macys.com headquarters in San Francisco and offices in Lorain, Ohio. FT and Financial Times are trademarks of the Financial Times Ltd. Not to be redistributed, copied or modified in any way.

Source: Los Angeles Times February 04, 2020 23:55 UTC