News distribution : J.C. Penney said on Wednesday that it will cut its workforce by about 1,000 positions and close 152 store locations, as part of an organizational restructuring. (#1231727)
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Jcpenney New York Post
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J.C. Penney Cuts 1,000 Staffers and Will Close 152 Stores - TheStreet
JCPenney to cut 1,000 jobs, close 152 stores
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