Macy's tech chief sheds light on the hundreds of layoffs announced this week in a letter to employees
ahead of its annual investor day on February 5.
"Our goal is to have modern technology tools and platforms with lower total cost of ownership and higher productivity. In the coming months, we will empower our front-line colleagues with tools to make their jobs easier. We will modernize our technology platforms to support growth and profitability initiatives, and simplify infrastructure to reduce costs," he wrote.
Up until this week, around 1,250 people were working at Macy's office in San Francisco – 880 of these workers were full-time employees and a further 200, contract workers. "This expanded technology hub will allow us to leverage great technology talent and streamline development and support accountabilities into a single VP role," Krishna wrote, before laying out the vice presidents that will take responsibility for each tech team.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Macy's just revealed a massive plan to turn around its business - Business InsiderMacy's announced a three-year business strategy on Tuesday that will involve the closure of 125 stores and layoffs for 2,000 employees.
Consulte Mais informação »
Macy's is closing 125 stores, cutting thousands of corporate jobs, and shuttering offices - Business InsiderThe store closings represent about one fifth of the retailer's locations. The company will also cut 2,000 corporate jobs.
Consulte Mais informação »
Super Bowl LIV highlights NFL's pay-TV power - Business Insider - Business InsiderSuper Bowl ad prices hit new heights this year, and along with the more expensive ads, viewership rebounded to 102 million across all platforms.
Consulte Mais informação »
Business Insider is seeking nominations for 2020 Logistics Disruptors - Business InsiderBusiness Insider is publishing its inaugural Logistics Disruptors list. And we want to hear from you.
Consulte Mais informação »
Interview questions startup founders must ask to find great employees - Business InsiderThree founders reveal the questions they ask when hiring to determine a candidate's character and ability to keep up with the rapid pace of startups.
Consulte Mais informação »
BlueMail letter hopes to 'create enough pressure on Apple to change' - Business InsiderThe government's increased scrutiny of Big Tech companies might lead to a rallying call for smaller developers to fight against Apple.
Consulte Mais informação »