JC Penney Said to Plan Firing of 10% of Workers

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Feb. 6 (Bloomberg) -- JC Penney may move to fire 10% of its 3,000 workers amid shrinking cash reserves and falling sales, New York Post reported, citing sources it didn’t identify. Betty Liu reports on today's "Movers & Shakers" on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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