Macy's to cut 7,000 jobs, slash dividend (AP)

[riky]

Macy's to cut 7,000 jobs, slash dividend
    (AP)

 


<p>You are not allowed to view links. Register or LoginAP - Macy's Inc. announced Monday that it will cut 7,000 jobs, almost 4 percent of its work force, reduce its contributions to its employees' retirement funds and slash its dividend to preserve cash amid a severe pullback in consumer spending.</p><br clear="all"/>


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