JCPenney is cutting 9% of its corporate employees

JCPenney’s parent company, Catalyst Brands, is slashing 9% of its corporate employees as part of an ongoing review of the newly formed business.

​ JCPenney’s parent company, Catalyst Brands, is slashing 9% of its corporate employees as part of an ongoing review of the newly formed business. Read More Breaking News, Latest News and Videos | CNN