# CNN: "Macy’s is laying off workers and closing five stores"

**URL:** <https://community.clark.com/t/cnn-macy-s-is-laying-off-workers-and-closing-five-stores/4238>\
**Category:** Uncategorized\
**Created:** [January 19, 2024, 11:02pm UTC](https://community.clark.com/t/cnn-macy-s-is-laying-off-workers-and-closing-five-stores/4238 "2024-01-19T23:02:24Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![PropofolMask](https://avatars.discourse-cdn.com/v4/letter/p/6f9a4e/32.png) [@PropofolMask](https://community.clark.com/u/PropofolMask)\
**Post date:** [January 19, 2024, 11:02pm UTC](https://community.clark.com/t/cnn-macy-s-is-laying-off-workers-and-closing-five-stores/4238/1 "2024-01-19T23:02:24Z")

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[https://www.cnn.com/2024/01/18/business/macys-is-laying-off-corporate-workers-and-closing-five-stores/index.html](https://www.cnn.com/2024/01/18/business/macys-is-laying-off-corporate-workers-and-closing-five-stores/index.html)

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**Author:** ![robertpri](https://avatars.discourse-cdn.com/v4/letter/r/ec9cab/32.png) [@robertpri](https://community.clark.com/u/robertpri)\
**Post date:** [January 19, 2024, 11:14pm UTC](https://community.clark.com/t/cnn-macy-s-is-laying-off-workers-and-closing-five-stores/4238/2 "2024-01-19T23:14:14Z")

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“Macy’s stock price has dropped 75% from a peak of $73 a share in 2015”

Ouch…