Category: Macy’s

Macy’s Board Disgustingly Back-Slaps Execs After Slashing 3,900 Jobs
, ,

Macy’s Board Disgustingly Back-Slaps Execs After Slashing 3,900 Jobs

The Macy’s board of directors issued $9 million in equity awards to management. The move comes just weeks after Macy’s announced 3,900 job cuts. It’s the latest incident in a disgusting trend of company boards rewarding severe underperformance. It’s been a terrible year for Macy’s (NYSE: M). Even before the pandemic clobbered the retail industry,…

Read More