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3min chapter
How one Macy’s employee cost the company $151m
The Hustle Daily Show
The Hidden Costs of Mistakes: Macy's Accounting Scandal
This chapter explores a major accounting error at Macy's, where a concealed mistake of up to $154 million significantly affected the company's stock performance. Initially suspected as theft, the issue revealed deeper financial struggles, raising alarms about the retailer’s stability amid declining sales.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode