Thread regarding Sears layoffs

@4gnu

They will file whatever they need to in order for Eddie to get the biggest payout.

When (not if) SHC files chapter 7 there will be no severance pay. They will not file chapter 11 to reorganize, there will be nothing left.

just an fyi .. I was in a sears store that closed its doors and the part timers got nothing but a hand shake and a thanks, the full timers got 1 week pay per year of service up to 8 years.

now im in another store watching the same things happening here as the other store I was in and now talk of bankrupt is very scary if that happens will we get anything, but what type of bankrupt will be done ,,, will we just close up shop company go under? who knows guess we just ride the train to the end of the tracks

I would be surprised if part times get severance. Check it out

It really is ok if we go a few days without a post. It's not necessary to post these fillers because you don't know what to say or there has been too much silence. I would really like it if this board didn't include these obvious posts that everyone already knows and that really don't require restating. Thanks

Sears isn't required to provide severance pay. If it all ends in bankruptcy, anyone left at the end gets nothing.

Because this is social media and people like to do that.

Why even go there? I think all associates know if Sears goes away, there won't be a severance payout. Then everyone would need to turn to unemployment compensation for as long as they could get it. I feel that sometimes people just post on here to try to stir the pot. And my question is why?