Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Please stop fake news

It does not help posting fake claims of buys outs or fake news of bankruptcy . If you can not post a actual source for your news it should be removed from this site. Stick to the facts thats what will help employees plan for whats next.

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| 860 views | | 3 replies (last September 18, 2018)
Post ID: @OP+VcO8lBL

Bezos the new CEO?!

I was reading an article over the weekend that Bezos is in talks to buy the remaining assets of Sears and sell the brands exclusively through Amazon. I'm not sure what's left but the article stated that the tire deal was a test and is showing signs... — read more 

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| 1430 views | | 5 replies (last September 18, 2018)
Post ID: @OP+VcDchoZ

Surprised at no closings announcement

I was convinced we'd hear about more stores closing and/or more layoffs first thing today. Yet, so far nothing. I'm not saying they are not coming, I just expected Eddie and the company would have done some damage control as soon as possible. I guess... — read more 

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| 850 views | | 2 replies (last September 17, 2018)
Post ID: @OP+Vc8zSkL

Everybody knows the end is near

Please stop dreaming about a turnaround. It's not coming. Your time is much better spent trying to find a new job before finding yourself out of a job with no options. I feel like a parrot for constantly repeating this, but people need to finally... — read more 

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| 1370 views | | 5 replies (last September 17, 2018)
Post ID: @OP+VcCUmBT

HE layoffs?

Expected today or later in the week? Just to know when to turn the worrying to the maximum...

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| 1381 views | | 4 replies (last September 18, 2018)
Post ID: @OP+VcKHzXh

Finally Some Honest Job Ads

Some friends said they saw my old store was hiring. Of course I told them not to apply if they want a future. But out of curiosity, I went to indeed.com. Several commission sales jobs were advertised. And for the first time ever, the wage the company... — read more 

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| 900 views | | 4 replies (last September 17, 2018)
Post ID: @OP+VczS6s1

Why?

Why do you think there is no reaction by investors after $500 million loss? Why do you think there were no layoffs before quarter earning report? But layoff rumors after that? How they still have money for operations even after suffering huge losses... — read more 

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| 1480 views | | 8 replies (last September 18, 2018)
Post ID: @OP+Vbro3lg

The Absolute Truth

I have been visiting this site over the years since I joined SHC and have been astounded by the amount of (false) positivity posted by many people. The truth is that our Fearless Leader Eddie has no intention (and never has) of saving Sears/Kmart... — read more 

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| 1560 views | | 17 replies (last September 16, 2018)
Post ID: @OP+Vb1KldZ

What News is Next ?

Oh , the joy of sitting around worrying about where you're going to scam your next buck 24/7 while everyone else lives their life. Really pathetic.

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| 740 views | | 3 replies (last September 16, 2018)
Post ID: @OP+VaMgO1C

52 Billion Dollar Startup

I remember when Alywin said (probably reading from an Eddie email) this right after the merger. He tried to convey that we were a startup company in that we were doing something new and had a lot to look forward to. Plus, having 52 billion in... — read more 

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| 650 views | | no replies yet
Post ID: @OP+VaRTrqk

It's never been his fault

[What’s killing Sears? Retirees, the CEO says] http://www.topbuzz.com/article/i6601114591449580037?user_id=6515002671820521481&language=en®ion=us&app_id=1106&impr_id=6601154504341588229&gid=6601100529173004549

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| 1370 views | | 12 replies (last September 16, 2018)
Post ID: @OP+V9HCjlS

CONFIRMED: HE layoffs start next week

I will be letting two go on my team next Tuesday at Hoffman. Was asked 2 weeks ago to make cutbacks and other teams have too. Severance yes though not a lump sum. Paid every two weeks like regular salary.

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| 1860 views | | 7 replies (last September 14, 2018)
Post ID: @OP+V9JyGYS

Suppliers running scared?

https://www.sears.com/appliances-refrigerators/b-1020022?discount=1&filterList=discount&subCatView=true&searsTab=true I check this everyday, yesterday Sears had over 500 refrigerators to choose from now its 310 with all Samsung & LG fridge selection... — read more 

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| 810 views | | 1 reply (September 14, 2018)
Post ID: @OP+V9hkOT4

More job postings

Why? I found several job postings for Sears from yesterday on the official site. Everybody knows this ship is about ready to go completely underwater. Why try to fill positions when you know the whole store will most likely go belly up within a... — read more 

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| 820 views | | 7 replies (last September 17, 2018)
Post ID: @OP+V9MvEWP

Kenmore vote happening soon

https://www.google.com/amp/s/seekingalpha.com/amp/news/3390353-asears-holdings-sset-deal-go-vote I hope they vote against Eddie and that the sale falls through and this joke of a company dies already.

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| 916 views | | no replies yet
Post ID: @OP+V9IbJI0

Sears Zombie Retailer Status

Of all the articles out there talking about earnings (or lack thereof) report, this one has by far the best and most appropriate title. Can we get Rick and the gang on the case to end its misery? "Sears Delayed Second Quarter Earnings Reaffirms Its... — read more 

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| 630 views | | 1 reply (September 14, 2018)
Post ID: @OP+V97SRDk

So the wait begins

Now that we finally know results for the last quarter, we know we are looking at more layoffs and closures pretty soon. Which means that the following days or weeks will be excruciating. Knowing that something big is coming but not knowing when or... — read more 

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| 950 views | | 4 replies (last September 14, 2018)
Post ID: @OP+V90ezBX

It all crashes in October

Below is from the 10Q statement filed with the SEC yesterday. It lays out the threshold of default then goes on to say that as of August 4 they were below that threshold, if they go another quarter below the threshold, it’s over. “If we continue to... — read more 

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| 960 views | | 1 reply (September 14, 2018)
Post ID: @OP+V90s1O4

August 4 store counts

Kmart: 360 Sears FL: 482 Sears Specialty: 24 There is a raft of closures still occurring, and just announced. Any guesses what they will be by the end of the year?

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| 770 views | | 1 reply (September 14, 2018)
Post ID: @OP+V8Tcm9l

3% sales?

How about half a billion loss for Q2. Open your eyes. There’s no help for you if you can’t help your self.

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| 750 views | | 2 replies (last September 14, 2018)
Post ID: @OP+V8uOiLK

ATTN: BLIND PEOPLE

Eddie is not trying to save the company... he is actually trying his best to destroy it so he gets the assets... store closures are NOT based on store success... DO YOU UNDERSTAND NOW???

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| 1023 views | | 1 reply (September 14, 2018)
Post ID: @OP+V81gjiY

I love it

Love how even when this company lost over half a billion dollars people still say this company is fine...clearly we are witnessing mass insanity.

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| 790 views | | 5 replies (last September 14, 2018)
Post ID: @OP+V8aCVh5

Early Warning Signs: Is your store about to be closed

For a few weeks prior to our store closing announcement, there were a number of people traipsing through our store checking things out. Sometimes they would be accompanied by the mall manager and/or the mall maintenance supervisor. Also, there was a... — read more 

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| 940 views | | 2 replies (last September 13, 2018)
Post ID: @OP+V8AaA4Y

I hope everyone finds their way out

I used to be employed by Sears a little over a year ago. I will say, at least in corporate office, the pay and benefits were good. Which made it difficult for many people to leave and find work elsewhere that could match it without having to look at... — read more 

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| 752 views | | no replies yet
Post ID: @OP+V8OFK8y

Shares already falling

So the quarterly earnings report is not even out yet and the shares are already going down due to all the delays. Great job E and company, really great job... — read more 

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| 620 views | | 1 reply (September 13, 2018)
Post ID: @OP+V81rPsy

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