JCPenney (JCP) Affirms Plans to Cut Additional 2,200 Jobs

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Job Cuts at JCPenney (JCP) in FY12 Were More than Double CEO Johnson's Claims

March 21, 2013 9:02 AM EDT

Housecleaning at JCPenney (NYSE: JCP) may have been more rigorous than previously expected.

According to a 10-K filed Wednesday night, JCPenney reported 116,000 full-time employees working at the company at the end of... More

Bloodbath at JCPenney (JCP) Continues With Company Struggling to Mount Turnaround

March 7, 2013 7:19 AM EST

Does the fun ever stop at JCPenney (NYSE: JCP)?

According to the NY Post, JCPenney has canned about 1,500 store-level managers and merchandising employees. News comes following reports that... More