Thread regarding Sears layoffs

It's getting like Pebble on here

I've noticed that over the past few days, there is a rah rah rah poster who reminds me of what I read on pebble. That disingenuous enthusiasm is fine for a corporate site. Not my cup of tea but people feel the need to s--- up to the higher ups. Maybe hoping for a good reference or better yet being taken on at some new company.

Here though it's just annoying.

To summarize:

Taking away the discount program was a crap thing to do. Store employees don't make much and it was nice to have a small discount. SHC still made money on the purchases.

The points are not as good because you have to buy something else in 60 days. Certainly not comparable to saving some hard earned money up front.

Retail has favored a part time model for years now but the current skeleton staffing model at Sears goes beyond that.

Unlike all other retailers, SHC is not trying to sell goods. That is suspect.

Hiring a HR "people person" does not make me feel better about a company that lost 2 big executives during the holiday season and just lost one more recently. The people person is there to fire people efficiently.

Many stores have a better web presence than Sears. Not even counting Amazon. So this web thing is a waste of time, poorly run & declining each year if you check sales volume.

Sure there may be an occasional company that spontaneously combusts and folds suddenly but usually it is foreseeable. SHC is in this latter category.

I guess the deal you make when you take the million dollar a year job is that you toot Eddie's horn for him even if I means trying to mislead people that have families to feed. I couldn't do it but I guess all that money makes you feel ok.

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Post ID: @OP+MyNetMx

19 replies (most recent on top)

There are probably many fine people working in corporate. The higher ups though ... need a conscience and a clue. I would love to interview the president of KMart who left recently. With truth serum given before the interview.

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Post ID: @6lon+MyNetMx

There are probably many fine people working in corporate. The higher ups though ... need a conscience and a clue. I would love to interview the president of KMart who left recently. With truth serum given before the interview.

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Post ID: @6iuq+MyNetMx

"I work at corproate " "Corproate are not all bad you know"

Just the spellers make the cut

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Post ID: @1xei+MyNetMx

I work at corproate and everyone I know reads this site. Corproate are not all bad you know.

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Post ID: @1nzw+MyNetMx

Some of the responses on here don't pick a side, if there's a side to pick. I have noticed a lot of slamming of posters who don't post with negativity. No, these people aren't shills, they are stating their opinions like everyone else.

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Post ID: @1kbf+MyNetMx

It's been pretty obvious for awhile that corporate monitors this site. If they want to send shills in to paint a rosy picture, no big deal. Most of us don't swallow the bait.

I do find it funny that stock message boards look to this site for insight, and the shill posts are so bad that it just adds fuel to the fire. Patience.

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Post ID: @1tgm+MyNetMx

I do see the posts about the products being unavailable.

And about the fate of the protection plans. No good answer is given for that one!

To the SHC cheerleader on here, your work story is inconsistent. I'm not going to take the time out to demonstrate it but even if you hadn't made those mistakes, it doesn't make sense that you would stay on a message board dedicated to layoff talk, promoting the new associate point program. Next you will be suggesting we all get the SWY credit card. Eddie you failed. You are not always the smartest guy in the room.

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Post ID: @1vzy+MyNetMx

Once again truly sorry for all the anger and that my opinIons have caused so much anger as I am not angry with Sears. If/when it comes to the point where I am laid off, I will be sad for all my years of service and move on and do my best to find something else as I unfortunately am not independently wealthy and definitely need to work.

We just look at things differently, and I thought this was a public forum for all to be heard.

By the way, just a couple of years ago, there were three people doing the job I am doing now. I told my boss that I was okay when a couple folks left with doing it all as I realized the situation.

I use this board too to read what is happening out there. It just made me really sad when I read some really angry posts.....wasnt about complaining but rather harboring so much anger as that isnt good for anyone.

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Post ID: @1ghb+MyNetMx

There is still going to have to be that 60 day notice.

And about Pebble. They can remove all the negative things they want but all I really see besides the butt kissing is people wondering where the product is?

Where is the product? If the company is really doing so great...if the transformation is really taking place then where are the products?

Even on Pebble you can't take down the requests about out of stock items. Inventory requests.

Yeah I guess I am negative. I lost 25,000 dollars in sales last week.

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Post ID: @1mcb+MyNetMx

I started a thread about the idiotic decision to add yet another executive staffer (Chief People Officer) while the company is financially strangled.

Some moron replied that I was just "complaining" and another quipped that I should find another job elsewhere. Well...It's hard not to "complain" (what they really mean is discussing facts) when nothing is looking up in this company. The stores are a wasteland. There's no money for payroll, no money for supplies or equipment, no money for repairs and no money for fully stocked shelves in a clean and reasonably renovated store. I think that poster confused Sears with Target or even Walmart.

As for finding another job, I am getting closer. I'm not going to quit my job just because everything is negative and depressing. I'm going to bide my time and jump ship at the first chance, never looking back. I've set a goal to escape this flaming wreck by June -- I have two interviews next week.

The complainers complaining about the complaints are insensitive idiots, especially if they work for Sears in any capacity. I wonder how those people are going to react when it all comes down, or if they lose their job before then. Will Sears be so hot in their perspective then? Will there be nothing to "complain" about then?

Those that don't work for Sears should stop assuming that we're all a bunch of whiners. Go visit a few stores and ask some candid questions just to get an inkling of how BAD the situation is. Bonus: get a part time job at one to REALLY gain valuable insight into this flaming wreck.

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Post ID: @1ita+MyNetMx

Wow! I am seriously sorry as you are wrong about me. I worked in the stores too for several years, and I shop in my local Sears store every week. I have nothing to do with your cut hours. I feel really bad seriously that you are so unhappy. I am only commenting on this as I dont want everone to feel so much fear and anger. I am just a middle manager who feels bad for what is happening and the anger as I am not that angry and havent had the same experience working for Sears.

There are lots of really good people working at the corporate headquarters who do care and want Sears to do well and the associates to be okay. Many of my family members worked at Sears over the years. Once again sorry you dont believe what I have to say. I have a team of associates that I support every day, and I care about them and want them to succeed. I am as honest with them as what I know.

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Post ID: @1gzj+MyNetMx

Mx-1xnv:

Seriously? You get paid to troll us. We post because, well, we like it. I won't post pebble but I read it once it while. It's pathetic. Did any inform you about all of the PA being cancelled of late? How about the cut hours? No? Are you going to commission a Kmart bus that is meant for you only and hide behind some really sick kids? Is that what you are you going to do? THAT'S WHAT YOU DID!

Take a long hike. No one blogs like you just did that actually knows what is going on. You make one big mistake in what you keep saying. We aren't negative. We are realistic. You want a store number? Pick any of those that are left and take your fancy bus there. Your DSMs don't care anymore either. No one cares what corporate, or what is left of it, says anymore. Why can't you accept this?

What floor level employees you do have left you have turned into pimps for citibank. Vikram, The Crook, Pandit, would be proud of you. You think we are fools and just kids who don't know anything. You would be very wrong about that. Some us do write for financial industry blogs and newspapers and have done so many years. Most all of us are in various management positions.

Better get some good attorneys ready SHLD. That is not "being negative", that is justice. Don't confuse the two.

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Post ID: @1eue+MyNetMx

@MyNetMx-dei That answers the question of when the next layoff will occur.

120 people between April 24 and May 7 2017.

Unless this is to cover the folks previously let go. It looks like once you file the 1st time, additional updates are supplemental at the back of the document so this was SHCs 1st filing.

I don't work in IL so I'm going to check my state. The IL workers website is immensely superior to the similar site for my state.

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Post ID: @1oaw+MyNetMx

A million dollars? Now we are just talking "funny money." No I honestly LOVE the new discount program. Just try it if you want....if you don't so be it...but I LOVE it.

As far as being positive, that is how I choose to live my life. Why make people feel bad about things that none of us know the answer to? Why make people worry? I am too old to waste time being upset.

Maybe I am the only one, but I am grateful every day I have a job. I like my life, and I like my job. I realize that my job might not be the same one forever. I don't "blame" anyone for that. It is my choice to stay. I don't like seeing others get worried and upset. I am too old to try to "kiss up" as you say to anyone. Everyone lives their life differently and if it makes people feel better to post on here as it obviously makes all of us feel better, it doesn't mean the posts all have to be negative. That is the great thing. You are right. We should post. We should post to ask questions, celebrate things in life, question when we don't understand why things are happening the way they are. Yes it is funny that perhaps I am being called a "corporate troll" when I am the least like that way. I say these things because this is what I believe.

I wish I was at your store, so I could make it better for you, but I can't solve everything.

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Post ID: @1xnv+MyNetMx

Good points to start out with from the first four replies.

To the OP, I don't think it is quite as bad as here as it is on pebble. To wit, and some associates may not know this but managers are encouraged to post on pebble and many do while some DSM REQUIRE the store manager to post. That is why pebble is so inane.

I agree with you about the corporate troll who is on this board. I have to go back to the The Kmart Bus thread and respond to the foolish notion that WCC DONATED the bus to Kmart. I was the OP on that one and it came straight from my inbox right directly to this board right through Hoffman's servers. I didn't have to say anything. Just cut and paste.

I think people like when they know they can get info that isn't always available on the web. I can see where people still want to know what's going on from the inside to the degree that we can provide it without compromising ourselves from a legal standpoint.

If you look at some of the other layoff boards for retail, they are dead. No one says anything. We DO say something here and a lot of it is really good. The Yahoo Finance Board follows us to. I follow that board every day. They have their trolls too.

We have an audience. I do enjoy many of the satirical posts here as well. I don't think they should be banned because humor is a good thing and we need the release of laughter.

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Post ID: @1fnf+MyNetMx

@MyNetMx-tgp --- "The layoffs are being done piecemeal to avoid the 60 day warn notice."

Illinois WARN notifications for February - sure don't look like piecemeal to me - read up on the law AND the reporting requirements before making asinine statements - Federal law AND other States have their own requirements

https://www.illinoisworknet.com/DownloadPrint/Feb%202017%20Monthly%20WARN%20Report

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Post ID: @dei+MyNetMx

When ever I hear about this "people executive" they hired, I think of the people mover attraction at Disney world lol. Now that I think about it, that's a Good analogy. :-)

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Post ID: @xpr+MyNetMx

Good analysis, and yet the picture is even bigger than that.

It's not all about Sears, as Sears employees think.

Sears is a major tenant in hundreds or even thousands of malls. Therefore Sears is critical to the health of malls nationwide. Malls which are already reeling from a massive retail implosion which is underway.

Do you not think it odd that a savvy Hedge Fund manager would buy a failing retailer like Sears? Do you think Eddie is a fool when it comes to investing? His business is investing...think on that.

The reason Sears is even still standing now, as it should have disappeared years ago..is because it is needed to hold up the retail industry, a pillar of support. At least for a time.

Hedge fund managers, REIT managers, very tight group. All pro investors, and all with a stake in keeping their investments alive, at least for a time.

Sears' losses are a calculated cost of this objective, and likely this group has determined the cost worthwhile. Otherwise, they will watch their REIT's and huge exposure to everything from real estate to retailers blow sky high. Unless the lynch pin is held in place.

So, that was accomplished, but now they have positioned themselves for the inevitable and ensuing collapse. Not only of Sears, but the entire retail bubble. The bubble which created 5 times the retail square footage in USA as compared to other western nations like the EU or Japan. yes, a massive bubble that cannot stay afloat any longer.

Eddie and friends care nothing for employees, as they're so easily replaced. They care about their many billions of exposure to the investments they needed Sears to prop up until the given time when they drop them.

That time is now.

See what a difference knowledge and insight into a situation makes? Most people view the world through a small, myopic lens, presuming others know only what they know.

Wrong. People like Eddie know 100 times what the average Sears employee knows.

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Post ID: @wmn+MyNetMx

The layoffs are being done piecemeal to avoid the 60 day warn notice.

I don't know if the british people person cares about American employment law but when there is a mass layoff, extra benefits such as access to better retraining are provided to those affected. So many Sears & KMart employees have been loyal for so many years to the company that updating skills and training for a new line of work could be very helpful.

But SHC could not care less.

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Post ID: @tgp+MyNetMx

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