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JC Penney cuts 600 workers from headquarters staff

from Chain Store Age

The ax has fallen at J.C. Penney Co. The company recently laid off 600 workers from its corporate headquarters Plano, Texas, as its looks to streamline its business model amid a major reinvention of the business. The staff reduction, which equaled 13-14 percent of the headquarters staff, did not include any senior executives, according to The New York Times. more

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