NEW YORK (AP) — Macy’s, Kohl’s and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work when the chains temporarily closed their stores and sales collapsed as a result of the pandemic.
Macy’s said the majority of its 125,000 employees will be furloughed this week and that it is transitioning to an "absolute minimum workforce" needed to maintain basic operations. Macy’s said it has lost the bulk of its sales due to the temporarily closing of more than 600 stores starting March 18.
Kohl’s, based in Menomonee Falls, Wisconsin, said that the furloughs will apply to 85,000 of its 120,000 employees at stores and distribution centers. It will continue to ship products and do curbside pickup from most stores with a limited number of staff.
Gap’s spokesman Sandy Goldberg said the […]