Job cuts

A Macy's department store is shown in Pasadena, Calif., in this Aug. 10, 2005 file photo. Macy's Inc. said it will cut about 2,300 management jobs as the department store operator consolidates three regional divisions and decentralizes buying in a bid to reduce costs and boost sales.
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( Jae C. Hong / Associated Press / February 6, 2008 )

A Macy's department store is shown in Pasadena, Calif., in this Aug. 10, 2005 file photo. Macy's Inc. said it will cut about 2,300 management jobs as the department store operator consolidates three regional divisions and decentralizes buying in a bid to reduce costs and boost sales.

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