The mood is unsettled at Macy's stores as details firm up about a pending reorganization that will cut some full-time workers to part-time status and reduce benefits such as health insurance.
"We're common-izing store procedures and staffing to make them uniform," said Jim Sluzewski, spokesman for the Cincinnati-based department store chain. "The impact will not be the same at every store, but we are ensuring we have the right staffing at the right place and right time."
Macy's, which employs about 1,500 full- and part-time employees in eight stores and two furniture galleries in the Tampa Bay area, declined to say how many jobs are affected. One reason: transfers to other stores could ease the pain on the changes, which are to be completed in March.
According to Bloomberg News reports from earlier this month, about 1,500 store level jobs will be eliminated in the reorganization, but the reports made no mention of reduced hours for some full-time workers. Macy's declined to confirm the accuracy of the report. But with 167,000 employees working in 810 Macy's and 40 Bloomingdale's that would be less than two jobs a store.
Macy's has been in a state of reorganization since acquiring May Department Stores Inc. in 2005 and converting 300 stores operating under a variety of nameplates to Macy's.
Meantime, chairman Terry Lundgren's My Macy's program to decentralize decisionmaking to the local level is a driving force behind the latest changes. Lundgren is replacing a half-dozen large regional headquarters with 69 far smaller district offices. That's supposed to centralize apparel buying at the company's New York office while shifting more decisions on how each store is stocked to local markets about the size of Tampa Bay. So far the company has realized $290 million of an expected $400 million in annual savings from My Macy's.
Mark Albright can be reached at [email protected] or (727) 893-8252.