Severance to be paid out, I think we have about 100 people there - it's sad and it's indicative of the plan to close Kmart completely
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I don't know anybody that was let go getting a good package. After 38yrs I got 8 weeks severance and the 6 weeks vacation I had saved in my vacation bank. We used to get a week for every year up to 20 weeks max. After Sears and Kmart were merged it was changed to a week for every year up to 8 weeks max. I was let go 3/4/2016 on my 38yr anniversary.