JC Penney to cut 2,000 jobs and close 33 stores - WFXG FOX 54 - News Now

JC Penney to cut 2,000 jobs and close 33 stores

The retailer says it's trying to turn around results.

No stores in our area are slated to close.  All of the job cuts are related to the store closings.

The cuts should save more than $65 million annually.

JC Penney is trying to recover from a sales spiral that occurred under former CEO Ron Johnson. 

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