Macy’s department store chain is firing most employees because of the coronavirus

Previously, the company closed all its stores in the U.S.

Macy’s department store chain is firing most of its 125,000 employees because of the ongoing coronavirus pandemic, which has collapsed sales and forced it to close stores.

The company said the pandemic had placed a “heavy burden” on its business.

Macy’s, which also owns Bloomingdale’s and Bluemercury, closed all 775 of its stores in the United States earlier this month.

This was done to slow down the spread of the virus in crowded areas, as well as because of laws in some states that require businesses that do not provide essential services, including retailers, to close down.