(LATIMES) — In the same breath as it announced a “successful” holiday season, Macy’s Inc. said it would lay off some 2,500 employees as it attempts to achieve $100 million in savings a year.

In addition to the workers losing their jobs, some associates will be reassigned or transferred, the retailer said. Not all open positions will be filled.

Among the positions targeted: district merchandise planners for Macy’s soft home categories, whose responsibilities will be handed off to regional and national organizers.

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