JC Penney Cutting 600 Workers

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JC Penney announced plans to reorganize staff to reduce layers of management and close a call center as it tries to cut costs. CNBC’s Scott Wapner and the Fast Money traders discuss.

Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. An hour after the bell Fast Money hosts one of the best trading discussions of the day.

Video © and provided by CNBC.

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