Corporate Strategy - Anonymous employee JCPenney Employee Review

1.0
Jun 19, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

People are friendly and helpful. Work/life balance is good. Great location.

Cons

Executive leadership team is not transparent about financial instability. Company is quickly moving in the direction of bankruptcy. Only asset sales are holding up this business (just like Sears). Burning cash, publicly touted growth initiatives lose millions, CEO enjoyed excessive fine dining and lavish hotels on the company’s dime, COO is incompetent/ terrible at decision making, Store Ops are mindless foot soldiers of the COO, merchandise/product design should be outsourced, stealing Sears customers is a myth (they aren’t coming to JCP) and the company can’t control excessive inventory levels so the dismal Q3 2017 will repeat again and again. CEO left because the ship was sinking. Just wait until he gets the window to unwind his vested equity. People will learn really quick just how much “faith” he has in JCP. He was told the truth and decided to leave. All those details will come to light with time.

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5.0
Jul 8, 2026
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Pros

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Cons

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4.0
Jul 15, 2026
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CEO approval
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Pros

Flexibility and freedom to be available only a certain days

Cons

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