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Macys To Slash 7000 Jobs In Order To Cut Costs

(Photo by Scott Olson/Getty Images)

By Doug Lazy on November 22, 2017

CHICAGO - FEBRUARY 02: Customers leave a Macy's store along the Magnificent Mile February 2, 2009 in Chicago, Illinois. Today Macy's Inc. announced that it will cut nearly 4 percent of its workforce, 7,000 jobs, and cut owners dividends by 8.25 cents to 5 cents. (Photo by Scott Olson/Getty Images)

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