J.C. Penny to cut 900 jobs nationwide to streamline operations

J.C. Penny to cut 900 jobs nationwide to streamline operations

POSTED: Saturday, April 7, 2012 - 4:00am

UPDATED: Saturday, April 7, 2012 - 4:04am

J.C. Penney is cutting about 900 jobs as it looks to streamline operations amid a major reinvention of the company.

Of those jobs 600 will be at the company's headquarters in Plano, Texas and it represents 13 to 15 percent of the staff there.

The department store chain also announced that it would also eliminate 300 more jobs at its customer call center in Pittsburgh.

The cuts are part of a plan to cut annual costs by approximately $900 million by the end of next year.

No word if there will be any layoffs in Baton Rouge.
 

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