J.C. Penney to cut 1,000 jobs, close 152 stores - Reuters India

10:55am PDT - July 15th, 2020    j.c. penney - Reuters

J.C. Penney Co Inc said on Wednesday it would cut about 1,000 jobs and shutter 152 stores as the U.S. department store chain looks to emerge from Chapter 11 protection and the COVID-19 crisis.