Macy's will furlough a majority of its 130,000 workers with its stores dark.
The company on Monday said it is transitioning to an ‘’absolute minimum workforce" needed to maintain basic operations.
Online operations won't be hit as hard.
Employees who are enrolled in health benefits will continue to receive coverage with the company covering 100% of the premium.
“We expect to bring colleagues back on a staggered basis as business resumes,"the company said.
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