Retailer Macy's says it will cut 7,000 jobs, or 4 percent of its workforce, and slash its dividend as it looks to lower expenses.
editor@mercurynews.com ( / Associated Press), San Jose Mercury News
Mon, 02/02/2009 - 11:34am
Retailer Macy's says it will cut 7,000 jobs, or 4 percent of its workforce, and slash its dividend as it looks to lower expenses.