JCPenney filing reveals a surprising 43,000 job cuts

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However you’re counting the numbers, they hurt.
JCPenney revealed in a regulatory filing yesterday that it finished its fiscal year ended Feb. 2 with 116,000 employees — a whopping 43,000 less than a year earlier.
That’s a slashing of 27 percent — even steeper than the company’s… …read more
Source: NY Post

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