File this one under "Recession" "Downsizing" and "Incredible Irony"
As reported in todays Seattle Times
Cincinnati-based Macy's, which is struggling from what it calls a challenging economic environment, said today it is closing its Seattle-based Northwest management office as part of a massive shake-up of its retail divisions.
On the chopping block are:
750 Jobs in Seattle, as the local office is folded into San Francisco;
950 Jobs in Minneapolis, as the local office is folded into New York; and
850 Jobs in St. Louis, as the local office is folded into Atlanta.
In related news,
The company also announced a new localization initiative called "My Macy's," aimed at making sure core customers find the merchandise they want in the sizes they need.
The bottom line: 2,550 jobs and 3 regional offices disappear; In their place: super-sized clothing on the racks.