83 posted on
02/04/2009 11:43:08 AM PST by
UCFRoadWarrior
(The UnHoly Grail of Anti-Americanism: Illegal Aliens, Globalism, Free Trade, WTO, UN,)
Because the executives with access to the company's financial numbers decided Macy's would be better off if it laid them off. Why would they have laid them off if they didn't believe it made financial sense to do so?
It may turn out it wasn't the best decision, but Macy's executives were the ones in the best position to make the decision.