Employment News
Macy’s Wants Tax Credits for Creating Jobs
By Erik Even | Dated: 04-07-2009
Retailer Macy’s wants Ohio tax credits worth $1.3 million, in return for adding 125 jobs at its corporate headquarters in downtown Cincinnati.The Cincinnati City Council on April 8th will consider an emergency ordinance authorizing a job creation tax credit of 55% for six years, valued at almost $516,000. The state on April 6th approved the six-year tax credit, which is valued at $822,000 on the state level.
In return, Macy’s would add 175 corporate jobs downtown. However, the store chain expects to cut 50 HQ jobs as a result of consolidation.
Macy’s operates almost 850 department stores.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
EmploymentCrossing provides an excellent service. I have recommended the website to many people..
- Laurie H Dallas, TX
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
