Fair 37°
Tag:

Severance Package

Business
CT Location Among 28 Macy's Store Closures Announced CT Location Among 28 Macy's Store Closures Announced
CT Location Among 28 Macy's Store Closures Announced A Macy’s location in Connecticut is among more than two dozen being closed down nationwide, continuing the trend of traditional brick-and-mortar retailers shutting their doors. Just after Pier 1 announced plans to close nearly half its stores, Macy’s said that it will be closing at least 28 stores in the coming months, including the location in Meriden at the Westfield Meriden Mall. According to Macy’s, the location at the Westfield Mall will kick off a clearance sale by the end of January, which is expected to last two or three months. As many as 85 employees will be eligible to be relocat…

SHARE

by Zak Failla
Business
NY Daily News Lays Off Half Of Newsroom Staff NY Daily News Lays Off Half Of Newsroom Staff
NY Daily News Lays Off Half Of Newsroom Staff “New York’s Hometown Paper,” the New York Daily News has seen its editorial staff gutted with half of those working in the newsroom being fired as part of a “fundamental restructuring," parent company Tronc announced on Monday in an email to employees,  “If you hate democracy and think local governments should operate unchecked and in the dark, then today is a good day for you,” editor-in-chief Jim Rich, who was also among those fired, posted on Twitter. According to multiple reports, the staff of the iconic tabloid in its 99th year of operation was informed during a one-minute meeting…

SHARE

by Zak Failla