J.C. Penney Execs Commute To Work Via Jet -- While Laying Off 43,000
Since Ron Johnson became CEO of J.C. Penney, he has been under fire. He has slashed some 40,000 jobs and did away with much of the discount coupons that customers loved, and still the troubled retailer remained on the brink, causing investors and analysts to question the merits of his "transformation" plan. Now, ...
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