Salary and Career News Round Up: JCPenney Tumbles 17%, Groupon Fires CEO and Wonder Bread Will Live
Every Friday we round up the salary trends, career stories and job news that you may have missed during the past week.
- Ron Johnson, the CEO of JCPenney, experienced another career hit as the company’s shares fell 17 percent. Can JCPenney recover?
- Nobody is safe. Groupon has fired its founder and CEO, Andrew Mason, amid financial fails.
- Good news for those of you who love Wonder Bread. Flower Foods has purchased Wonder Bread from bankrupt Hostess Brands.
- The former first lady of California is getting into the pizza business. Maria Shriver put her money where her mouth is and has invested in Blaze Pizza.
- The girls have gone under, as Joe Francis and his franchise “Girls Gone Wild” files for Chapter 11 bankruptcy.
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