Australian Dollar Rallies on Hawkish RBA Outlook; Yen Slips as BOJ Faces Political Pressure 
Netflix Stock Jumps 14% After Exiting Warner Bros Deal as Paramount Seals $110 Billion Acquisition 
Anthropic Refuses Pentagon Request to Remove AI Safeguards Amid Defense Contract Dispute 
Coupang Reports Q4 Loss After Data Breach, Revenue Misses Estimates 
Lynas Rare Earths Shares Surge on Strong Half-Year Earnings and Rising Global Demand 
Asian Markets Slide as Nvidia Earnings, U.S.-Iran Tensions and AI Valuations Weigh on Investor Sentiment 
Germany and China Reaffirm Open Trade and Strategic Partnership in Landmark Beijing Visit 
Dominican Republic Unveils Massive Rare Earth Deposits to Boost High-Tech and Energy Sectors 
Flare, Xaman Roll Out One-Click DeFi Vault for XRP Yield via XRPL Wallets 
Paramount Skydance to Acquire Warner Bros Discovery in $110 Billion Media Mega-Deal 
IMF Urges U.S. to Cut Fiscal Deficit to Reduce Trade and Current Account Gaps 
PBOC Scraps FX Risk Reserves to Curb Rapid Yuan Appreciation 
FCC Approves Charter Communications’ $34.5 Billion Acquisition of Cox Communications 
Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea 
Amazon’s $50B OpenAI Investment Tied to AGI Milestone and IPO Plans 
Macy's Inc. announced this week that it is planning to hire additional workers as the holiday shopping season is approaching fast. The American high-end department store chain said its target is to recruit more than 41,000 people to fill full and part-time job roles in the company.
Macy’s said that the new hires would be assigned to its own stores, Bloomingdale's, Bluemercury stores, its supply chain locations, and company call centers. As per Reuters, the number of recruits this year is lower compared to last year, when the department store planned to hire 76,000 workers in the same seasonal period.
Out of the 76,000 new hires, the company dispatched around 48,000 for jobs specifically for the holiday season. At that time, the rest of them were assigned to permanent positions.
All applicants are encouraged to submit their application forms online via Macy’s careers pages, or they can also choose to apply in person at the company’s monthly hiring events, where on-the-spot interviews are being carried out in its stores and supply chain sites across the country. Applicants should note that the next holiday hiring fair has been set on October 6, Nasdaq reported.
“With our focus on making meaningful investments in our colleagues, we are proud to provide an unmatched culture and fulfilling career opportunities that put our colleagues and Macy’s, Inc. in a strong position for the holiday season,” Macy’s chief transformation and human resources officer, Danielle Kirgan, said in a press release.
She added, “Whether you are looking to earn extra money for the holidays or start a career in retail, we are excited to offer more than 41,000 opportunities to join our amazing team and shape the future of retail.”
Macy's colleagues will be offered job opportunities in various positions - from entry-level to leadership or management roles. Seasonal employees will also have opportunities to be hired for permanent jobs across Macy’s stores and affiliates.
For the wages, Macy’s stated, “We prioritize and support the well-being of our colleagues because when we take care of them, they take care of our customers. We offer competitive pay starting at $15 an hour, instant access to earned wages and access to flexible scheduling that allows colleagues to choose regular and optional overtime shifts that meet their availability.”
