To Anna in Florida. Hellooooo. In today's world, thousands of companys are laying off managers and regular employees. Not just Penneys. They are doing pretty good in this time, but like every other company they have to cut and meet budgets, so anywhere you go you take a chance. It is sad and unfortunate, but Hello, it is a reality today. You are not safe anywhere, just hang in there as long as you can and pray.