Macy's Announces Massive Layoffs and Store Closures

Macy's plans to lay off 2,350 employees and close five stores, including one in the Bay Area, as part of its ongoing efforts to reposition its store fleet. The decision to close the Bayfair Center store in San Leandro will affect approximately 60 employees, who will be offered severance benefits. Macy's remains committed to providing a seamless shopping experience for its customers across physical and digital channels.