J.C. Penney lays off 350 more at Plano headquarters, completes restructuring

For employees not a good sign JCP is laying off more people but at the same time they are spending all this money in the construction of the new shops

They did not tell you about the other lay offs in other Citys AND THEY did not go by Sr. --

You got billionaires sucking up all the money from their friends who can only stay their friends as long as they make the billionaires more money from cheap Chinese goods or energy. Then the billionaires hoard their money to make them self think they have more power and money than other billionaires because their wive's aren't happy enough. Obama is f*cking clueless. He takes the tax money he makes off the billionaires and puts it in dumbass projects he calls shovel ready projects and he f*cks that up.

kaley wrote:

For employees not a good sign JCP is laying off more people but at the same time they are spending all this money in the construction of the new shops

Now they will be firing the cashiers. JCP's CEO Ron Johnson has been a major contributor to the jobless rate in America this year.

GeorgeMason wrote:

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Now they will be firing the cashiers. JCP's CEO Ron Johnson has been a major contributor to the jobless rate in America this year.

It seems as though it's going to get worse now that they plan on getting rid of registers in favor of mobile checkout and self-checkouts. No more registers obviously means no need for cashiers.

Now Johnson is saying he hopes "customizing 100 unique shopping experiences will help the retailler attract customers beyond frumpy moms on a budget."

I don't think women will love jcp for that remark.