Anything major, like layoffs, hour cuts, closings?
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JCP distribution centers are scaling back to a single shift.
It will be in 1 or 2 years from now. After this one and dust settles. They will reacess what is left. What’s reorg are needed. What projects can be cancelled etc. Then a 2nd and 3rd round of layoffs will occur. The next layoffs will be smaller but still in thousands.
This is the time of year when things like that usually happen, that's why I'm asking.