How Large will Sears Layoffs be?

Repost from @LWZrJwd-vhf - A 25% cut company-wide is plausible.... although estimated at 30.000 to 40.000 peeps highly unlikely

A 25% cut at Hoffman Estates just ain't gonna happen.

As of Feb 25, 2016 they had 4850 corp. employees plus 800 contractors in

Hoffman Estates. The same Feb 25, 2016 PR stated... In addition, 151 jobs

currently open in Hoffman Estates will not be filled.

A 25% cut equates to 1412 employees + or - a few. Its assumed that since the

above date a sufficient number of employees and contractors have departed

the company and may / may not have been replaced due to SHC highly

publicized and continuous problems.

Sears can't possibly be cutting 25% of jobs at Hoff. Estates. If they did they

would be have to eliminate ALL remaining contractor jobs plus 612+ corporate

positions.

Anything more would place them in violation of a 2011 contract with the State

of Illinois whereby they are required to keep AT LEAST 4200 jobs in Hoffman

Estates to continue to receive the tax breaks of the agreement.

"The deal provided an extension of Sears' local property tax deal worth $125 million, plus $150 million in state income tax breaks over the following decade. The company needs to keep at least 4,200 jobs there, according to the terms. At the time the agreement was struck, Sears employed more than 4,900 people in Hoffman Estates, as well as an additional 1,100 contract workers."

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I would go for around 10% or 4-500. Keep in mind though they will keep the actual numbers to themselves, did anyone ever find out how many people were let go last week for Kmart stores? Exactly. The same will happen this week until we all piece it together.

Hoffman estates has 4200 people but there is never Any news from there . We have to rely on these sites.

These companys break their contracts, jobs for tax breaks all the time. They will hold what little jobs are left over the citys head to keep them from doing anything. And if the city does sue for back taxs it will be in courts for years. Sears might not want to pay its employees, but they will make sure their lawyers are taken care of. It's sad.

I'm sure they'll just "transfer" a bunch of people there on paper.

Really doesn't matter if they won't be paying their next tax bill.

My location has eliminated at least 4 lead/management positions. 1 was able to successfully apply and get another position in a different department but the other 3 leads are gone. Some positions have been lumped together. I think a portion of the labor force cut will be spread out over the stores. I was told by a lead last month that it is "hard to set up breaks becouse of coverage" when she found out I was waiting for a coworker to get back so I could use the restroom. She was upset that I didn't use the restroom during a break that I wasn't able to take. She kept trying to convince me that I should be able to take my regular breaks after I told her that I get breaks so infrequently that I gave up planning on them and only take a break once in a while. I think she was upset that I had to use the restroom when there were customers around. It has only gotten worse, coverage is sparse, the only guaranteed break os lunch and if you need to use the restroom most of the time you have to find someone to babysit your area. I waiting for a manager to tell me to just hold it.

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How Large will Sears Layoffs be?

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