Retail Workers Slammed By Job Cuts, Pushed Into New Roles As Coronavirus Shakes Their Industry

Ross Allen-McCabe worked for six years at J.C. Penney. Now, he’s out of a job after the department store filed for bankruptcy and has so far let go hundreds at its headquarters in Plano, Texas.  It is not the first time the 36-year-old has worked for a troubled retailer. Prior to his years at Penney, he was at Toys R Us, which also went through bankruptcy in 2017, after drowning in debt from its private-equity backers.  Allen-McCabe said he’s still optimistic about his prospects — even as the pandemic shakes up his industry, shifts employees’ roles and leads to demands for new skills. Yet, he said he will approach his job search in retail differently now. Read more at CNBC.