Penney Wounded by Deep Staff Cuts.

Authors :: Mattioli, Dana
Lublin, Joann S.
Glazer, Emily
Source :: Wall Street Journal - Eastern Edition. 4/15/2013, Vol. 261 Issue 87, pB1-B7. 2p. 1 Color Photograph, 1 Graph.
Publication Year :: 2013
Abstract: The article discusses mass layoffs and job cuts at the U.S. department store chain J.C. Penney Co. as of April 2013, with information on corporate governance to increase sales under former chief executive officer (CEO) Ron Johnson. Topics include the reinstatement of CEO Myron "Mike" Ullman, corporate reorganization at J.C. Penney, and brand management of house brands at the department retail store.