Thread regarding Macy's Inc. layoffs


My wife's store is one of those on the list of closings. Happy New Year to us, I guess. Does anybody know what kind of severance Macy's provides?

I'm sorry if this is a repeat question, I've scrolled down through the page and couldn't fine any threads that were mentioning severance.

by | Post ID:
946 views | 7 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

7 replies (most recent on top)

Only executives get the 13 week minimum. Hourly associates get the one week for each completed year. A full print out of the severance and also a Q&A will be given to each person. Are you close to another store and could she possibly move to another location?

by | Post ID:

HR will speak with them through the next few days. They will first try to see if they wish to fill jobs at nearby stores. They get priority over holiday hires. Jobs in the area will be frozen for them. HR will layout the severance pay opportunity. Best of luck!

by | Post ID:

She's been with Macy's for close to 12 years, and no, not an executive. Thanks all for your answers!

by | Post ID:

I believe it depends on her position. Is she an executive? Also length of service.

by | Post ID:

1 week of pay per year of service. You get a minimum of 13 weeks though if you have been with the company less than 13 years. You also get company paid insurance for 3 months. The payout is by check mailed to your house and it's taxed nasty at like 30%

by | Post ID:

Severance packages are based on how long you have worked for the comp. Typically min 13 Weeks with 3 Month of cobra insurance. If offered alternative position/displaced and you turn down the job the company no longer offers the package.

Length of severance package dictated when you may return to the company as well.

by | Post ID:

I am in corp IT so dont have info on stores severance... not sure if this helps but you may want to do a google search similar to this (looks for words severance and macy's and searches only):


by | Post ID:

Post a reply


Related pages

nei marcuswalgreens call centerunitedhealth group employee websitewwwbankof america comhalliburton in duncan okstrayer university wikicognizant hikechase branches nycphysicians speciality hospitaltexas warn noticespayless glen burniemercy hospital bakersfield caerp medical abbreviationclaritynetcenturylink jobs coloradoconsol bailey minechk jobsverifone companyanadarko petroleum the woodlands txmurphy oil malaysiaswn production companymurphy oil headquarterscabelas in minnesotaosceola regional medical center addressbarclays bank layoffsanadarko petroleum coloradoberkeley city college bookstorech2m hill oil and gassears layoffsnov stonehouseseagate technology derrypearson publishing jobssaks fifth avenue jobrosetta stone stocksynopsys india salarybill rennacvs caremark northbrooknmt medical inckmart florence alabamaschlumberger oil field jobsenergen.comdirect tv installer paymicron chinamosaic corpsynopsys bangalore careerscablevision layoffsrobert half okcwww.exterran.comstock price of searscabelas hoffman estates illinoisvivint solar jobssolarcity san mateo californiaapplestore topangaunitedhealth indiaraytheon retirementuti services incchase bank hours san antonio txwhole foods lamar hourswells fargo corporate office in charlotte ncat&t store jackson tnbank of america in jacksonville floridaapple store at eastonhospira rocky mount north carolinaat& t websitecharlotte metlifepaycor login pagecabelas in kearneynov wirelinelee hect harrisonkmart leaseapple store rockingham nhretrenchment in indial3 communications cincinnati electronicsaig tickerroseville enterpriseinsite macywhiting oil and gas denver