The losses will likely continue into May. LOS ANGELES - J.C. Penny Company, Inc. announced it will temporarily furlough the majority of its hourly and corporate employees as the company extends closures of its stores and business offices during the COVID-19 pandemic.
The company announced it will temporarily furlough the majority of its hourly and corporate employees as the company extends closures of its stores and business offices during the COVID-19 pandemic.
The layoffs for hourly employees will begin April 2, while a majority of the company’s corporate workforce will be temporarily let go on April 5. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates “These are difficult days all across the country