laying off 600 people at its Plano, TX corporate headquarters. This is all part of a major corporate reorganization which includes their new retail strategy. The company is planning to reduce expenses to 27% of sales by 2015. I know a few people who work there and my heart goes out to them. Even if their jobs are safe, it's incredibly stressful to work at a place during major layoffs.
Of course, the One Million Minus 960,000+ Moms will blame it all on Penney's decision to hire Ellen as their spokeswoman. Wait for a post out of Colorado Springs gloating that 600 people have lost their jobs due to Penney's "promotion of the homosexual lifestyle." Never mind that JC Penney has been in trouble for years, and this reorganization may be the company's salvation.
Actually, I went to a new JC Penney store recently and they had some really cool stuff at incredible prices. It was my first time in a Penney's in years and I plan to go back. I appreciate how the company stood up to the bullies and stood by Ellen.