Ok, so they’ve been hired. How many will still have their jobs in six months?
The government supports consumerism. Retail stocks have been doing great.
So Mavy’s AND JC Penney’s are hiring a BUNCH of College “Educated” Faggots huh!?
“If JCPenney succeeds in its turnaround...”
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Not very likely given their lunatic focus on the << 2% of the population that is Queer.
Yay, Macy’s is dumping the old farts who earn high salaries for lower paid fresh grads.
And why would they not? they can save more with this move than they stand to lose in age discrimination law suites.
I would say this is in response to many Baby Boomers retiring in the next 5 years, not any increase in sales. Many companies are in the same position.
“Retail picking up”. Where in this article does it say that?
It is common practice to retire higher payed senior management with college grads at a fraction of the salary.
Interesting spin.
When I saw the headline, I thought "JCP is going under, and Macy's is looking to 1) Grab as much of their market share as possible and 2) Drive a stake in their heart.
Huh. Never heard "cohort" being used this way before.
The retail economy is not picking up. It’still shrinking. Macy’s probably doing the same thing that JC Penney has done. They’ve fired or forced retirement on most of their senior managers and supervisory employees. I know a very experienced, professional store manager with over 20 years with the chain who was told that she didn’t fit the new image that Penney’s was developing and she would be better served by retiring rather than taking her chances with the new regime. From dept heads and store managers all the way up the chain and they’ve brought in brand new and inexperienced kids straight from college and put them into management positions with nearly no training or experience. The results can easliy be seen at the store level by even the most casual shopper.
so Seinfeld finally listened to his mother, gave up the comedy gig and entered the Macy’s Executive Training Program, eh?
“It’s good sign as Macy’s continues to try to wrestle market share away from JCPenney. If JCPenney succeeds in its turnaround, Macy’s is going to need as much top talent as it can get to fend it off in the long-term”
This quote from “The Imposters” seems fitting as they’re both pandering to gays:
Sparks: Perhaps we should wrestle sometime. Do you like the taut roundness that exercise brings to the buttocks?
Maurice: [uneasy] Yeah.
Sparks: Do you enjoy the warmth of the Mediterranean sun on that self-same place? I once wrestled a man on the steps of the Acropolis, when the sun was at its height, wearing only what God sent me into the world with. Can you picture that? That’s where we’ll wrestle, my semi-Grecian lad. That’s where I’ll make a man of you.
No doubt all of them majored in engineering. As we all know from comments on many other threads, those who have degrees in other areas have no prayer of getting a job.