Macy's.
Macy's is cutting jobs and closing stores.
  • Macy's is cutting 2,350 jobs and closing stores. 
  • Wayfair announced it will eliminate 1,650 jobs. 
  • Stitch Fix is moving its full-time stylist positions to part-time.

The start of a new year can often mean restructuring and budget cuts for retailers.

Just this week, four retailers have announced layoffs.