Thread regarding Sears layoffs

So I made 50869.00 on salary then got put on hourly at a base pay for 39689.00 to work ot for the rest of my salary I was on my salary maybe 9 years then lay me off and my severance is for my base pay so iam 10.000.00 short on my severance pay please advise

Why not do this, yes I am being an A$$. On the P2P stores, why not take a 100,000ft store and only use 1/5 of it that is 20,000ft. The P2P staffing should be able to run a store that size right?

sigh We found out a week ago that these changes would take affect in September. I am currently a Softlines ASM with 10 years of experience. We are all encouraged to apply for the position we want in all stores that we wouldn't mind commuting to, or else take a package that no one has details on yet. Three new supervisor positions are being created at the expense of four (two salaried and two ft leads). We have a softlines meeting scheduled soon for the market, which i'm sure will be a great time with everyone worried about their jobs! My store is a P2P store so we already barely have anyone to run it. We are a huge store and no matter what they decide to do we will have a hard time preparing for 4th quarter and running the building.

How many Kmart/Sears stores are they looking at closing this time around 100+ ??????

Why not this cut back to 5 employees on payroll for a 100,000sq ft store then theft will go through the roof, if that make that decision. Theft is not what SHC does not want.

Our DM is back from Des Plaines and he implied that the closing announcement would be around the first week of September. He just said really big changes were coming. That would coincide with the date of September 9 that someone posted for the Sears layoffs. He was being a little cagey, but it seemed that the Kmarts might have layoffs coming too. That is the ones that are not closing.

How much longer does he have till retirement?

we all pray for our last remaining ASM to have good health and strength until retirement. Kmart will s--- all life from him that they can. still, I'm betting he's going to slide into a homerun (retire) and hope he knows what he has done for us all. God bless him and the others like him

The only guess is when letting them go they were costing SHC too much money since with 40/30 plus years of seniority they were paid extremely well is my guess?

I agree heading into Christmas with no extra help/payroll. Is nuts. SHC will have the worst Christmas yet.

my old store at a kmart we were down to just the mgr and myself.......then one day it was just him.....

i was totally shocked considering my reviews and work record over almost 40 years.............................

3 full timers were let go also.........all with 30+ years and were key carriers also......................................

its been a few months now so im sure we were the test for this insane idea..........................................

That answers my question the Sears near me is an "A" store since it is 120,000 square feet. Even though it is located in a dying/close to death mall. That Sears is very low volume.

"A" stores are full line stores ranging from 80,000 to 200,000 sf... some of these stores once had up to 500 employees in Sears' heyday, now it would be rare to find one, even a high volume store, with 100 employees.

"B" stores are stores, sometimes called full line, but with less product selection, ranging from 40,000 to 80,000 sf. There are some variations... some have minimal softlines, others are heavy on hardlines.

The thing is that whether sears or kmart the out come and plan is the same... Eddie needs to keep the company going until at least middle of 2017 so that he can make money on the reit. If the company goes under before than he loses his a**. If you are a P2P store I can say that you are ready to close, maybe not real soon but within the next 9-12 months. the only reason that any P2p store with the "one touch program" wlll stay open is because of boards like this which brings these things to light. They will have a hard time closing P2P stores now that the media has gotten a hold of the story and they have denied they are going bankrupt. that is why the stock price has risen even though every store and employee is in the dumps. Eddie and other investors neeed to keep buying the stock and keeping the price high to make it to next summer.

If the vendors were smart they would ask for cash up from (which there is none). Good luck and find another job. We should all quit and let them feel the real pain like we do. HE insider

That is nuts 15 people on the payroll for a 85,000sq ft store, 15 people on payroll of a store like staples is fine. But for a Kmart, what are they F-ing kidding? You cannot run a store on 15 people? Corporate has lost their mind!!!!!

This is the same thing they did to kmart stores in February. They cut the one assistant manager that we had, and 6 other full time associates. Theyou created a hardlines and softlines supervisor to take the place of the 6 full timers that were let go. The store has still not closed, but I expect it to be in the next round. In the 5 months, the store has totally fallen apart. Currently there are 15 people on the payroll for a 85,000 sq.ft. Store. There is never more than one register open on any day of time of the week. There is a customer service person, and maybe 2 people on the floor if you are lucky. It is total chaos. Eddie is just trying to hang on till June when he will have the reit. He will then bankrupt what is left.

Is a "B" level store one that is in A a dying mall or B a store that is only like a one level store? Also since you work at a Sears NOT Kmart, is it really true a Hardlines MCA really is only paid $7.25hour even if you have experience? I do not work at this Sears but I worked for Kmart till 01/2014, does Sears have any control over what they start employees at?

I was passed over for an MCA position at a Sears store during an interview even though I was qualified since I asked for a higher starting rate than $7.25 HR. Can they do this? I know that target starts it employees off at $9.00+ per hour. Why can Sears not match this? At, $7.25 they are lucky they can get anyone to work there at all.

At Kmart, there have been meetings at HQ all this week. Probably the same for Sears. Next week on Thursday will be the 2Q financial release, so most of the changes will probably be announced then. This really shows how desperate this company is to be making staff cuts/changes going into the busiest shopping time of the year. The end is definitely near.

The manager of my Sears Hometown Outlet store called me last night at home to tell me I was layed off the rest of the week. He had just hung up from a conference call that left him with orders to cut 350 hours from our store's remaining schedule this week. I'm to return to my normal part-time schedule next week.

No problem. I hate to shovel more on to this already big pile of negativity but I hate to see someone left in the dark. The store manager was told by higher ups to keep this under wraps and told me the same thing...I don't think that is fair to those that could be affected.

It's supposed to take place around the first week of Sept. (Sept 9th I was told), so at least it is not like tomorrow or next week. Still, we all have a right to know.

If anyone else finds out that they are affected, did you have a meeting with other softlines managers from other stores any time recently? The meeting focused on the MSP mainly...nothing about layoffs or staff reduction. We had lunch and refreshments, it was pretty positive. Then the next day, this happens.

Thank you so much Original Poster for providing us with this important piece of information. This type of information is invaluable to associates whose livelihoods maybe on the line. A heads up like this can be of great help in developing a plan for your future. Most of us here are well aware of how Sears treats its associates....like mushrooms. Sears keeps them in the dark and feeds them a steady diet of bull sh*t.

This is interesting. as at my store we have hardlines asm, softlines asm, daytime supervisor, night time supervisor, three softline leads, and two keyholders. And also all the specialists" . The higher postions all fulltimers do outnumber the part time. Thou I will say it is hard to keep any part timers, even the ones who have been there for years are leaving. Low pay + no hours + getting the additional work pushed on them is not fairing too well. I cant blame them one bit either.

Hi, original poster here. The stores with two softlines leads in lieu of one salaried softline ASM are smaller, "B" sized stores, so these stores are smaller in size and sales.

I wouldn't discount the possibility of cuts being made at "A" stores though. They will cut anything at this point. I don't know which stores this will roll out to. It's 200 stores corporate has selected. I was just informed today. I'd like to keep my store # anonymous for now, at least until I bail.

What a slap in the face I say. I attended an elaborate softlines manager meeting the day before I was informed of this. It was out of town at another Sears store, I met with the softlines market lead along with 10 other softlines leads. No talk about this at all at this meeting...I found out the day after. Maybe it was a tactic. It's awfully coincidental.

I will say that during this meeting I found out that all of the stores in the district were pretty much in the red in comparative sales vs. the year before. Many stores in my district were in negative EBITDA, we all know what that means...Path to Profitability time (fancy term for fixing to close a store). It was quite the eye opener.

Does anyone which 200 Sears stores this effects? Are they cutting at the low volume to extremely low volume stores?

This is for Sears as far as I can tell. Something similar may have happened or will be happening for Kmart, I am not 100 percent positive though. All I know is that they keep cutting and cutting and the stores go to hell after each layoff.

Sears Holdings is not at all appreciative of the hard work and selflessness that many associates and managers dedicate to this company. Eddie Lampert and maybe a few C-suite execs reap all the rewards while everyone else is chopped liver.

thanks for the info, really. don't know what it is either. but, it would probably be better to have a tooth pulled without anesthetics than take that position! is that kmart or sears? and seriously, lose any more than what we have already? Our only hardline ASM is so critical to the store that I would do A Go Fund Me thing to help him go before kmart screws him over any more. He is so close to retiring and works so hard that we just pray for him. Really.