Sears is not JC Penney. Shouldn’t be offering tons of soft lines. Essential softlines only. Basics.
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Inventory employees getting hit tomorrow in HE
Finance people are definitely not needed in a company that promises to exit bankruptcy and improve its finances.
It was was mostly finance
Here's how you know layoffs are tomorrow. SHC has laid off hundreds of people every 60 days like clock work for months. I was part of the Nov 15th layoffs and was there for years prior. It used to be every 6 months but increased about 2 years ago. Not sure if it has something to do with paying out too much severance at once but it has been every 60 days without fail the last 3 years. Hang on to some wood tomorrow as the titanic continues to shrink.
Who's going to be in charge of that now?
Apparel and softlines.
What kind of operations is the office in San Francisco responsible for? Are all they being let go or just some? And where is the source coming from.