Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Is the latest layoffs round really a bad thing?

Anybody else thinks that the latest round of layoffs was actually needed? Sears has been cutting people in stores and forcing hours down to bare bones for long enough that there is barely anything left to cut. Cutting some of the people from HQ who... — read more 

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| 1450 views | | 12 replies (last February 3, 2018)
Post ID: @OP+RxJ6084

42 stores closing

New announcement: http://investors.bonton.com/node/19006/pdf

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| 1720 views | | 8 replies (last February 5, 2018)
Post ID: @OP+RxDwUi3

New MMAP

My MMAP was let go two days ago but the new one still hasn’t contacted me to let me know what the hell is going on! What a great way to keep morale high and attitudes positive!

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| 1330 views | | 9 replies (last February 5, 2018)
Post ID: @OP+RxBRkjv

Layoffs

How many DM's, Regional Vice Presidets, Market managers got laid off? What is the new regional realignment ?

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| 1060 views | | 3 replies (last February 2, 2018)
Post ID: @OP+RxhBG9A

Berkowitz's Fairholme Results 'Wrecked' by Sears Losses

Mounting losses at Sears Holdings Corp. and the bankruptcy of Sears Canada Inc. “wrecked” the performance of Bruce Berkowitz’s Fairholme Funds Inc. last year, he said in a shareholder letter released Thursday.... I wonder if brucie and fast eddie are... — read more 

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| 830 views | | 3 replies (last February 2, 2018)
Post ID: @OP+RxjOI11

Sears borrows another 210m from Eddie

https://www.usatoday.com/story/money/2018/02/01/sears-turns-ceo-borrow-money-again/1088213001/ Just wondering what is left to secure the loans with? You know Eddie isn't lending money unsecured.

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| 1440 views | | 7 replies (last February 2, 2018)
Post ID: @OP+RxpduGK

FEB STORE CLOSINGS

We have been told for months there will be more closures announced in feb its now feb let the carnage commence .. any news to this

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| 1970 views | | 11 replies (last February 3, 2018)
Post ID: @OP+Rwc42UQ

Podcast set

All associate podcast /townhall meeting set March 6th. Just days after rumored March 2nd cuts. Check SHC news for updates.

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| 1130 views | | 5 replies (last February 2, 2018)
Post ID: @OP+RwhIJA5

Tax break

Does anyone know if SHC lost its tax incentive they received from the State of Illinois for not relocating to another state? I can’t recall what the threshold was re:number of employees required to get the incentive. And, if so, what is the financial... — read more 

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| 980 views | | 3 replies (last February 2, 2018)
Post ID: @OP+RwQN3f6

Tranformation

How's that transformation coming? Years later...seems to be working out just great!!!! Are we still transforming? Been so long, I lost track of the tranformation timeline...

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| 700 views | | 3 replies (last February 2, 2018)
Post ID: @OP+Rwsf8S2

Amazon prime

90% of SHC staff have Amazon prime and only 4 have syw.

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| 871 views | | 3 replies (last February 2, 2018)
Post ID: @OP+RwmJnpJ

For those who got let go today....

You have been blessed! Finality at last. Closure. No more wondering if you’ll make it another month. No more anxiety and stress working 3 jobs in one. Close the chapter. Move forward. The road is only smoother from here. Good luck, my friends!

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| 1490 views | | 7 replies (last February 1, 2018)
Post ID: @OP+RwBcfFu

So the booked rooms at HE weren't for year end reviews?

I thought someone had said the news of layoffs was fake. They said the reserved rooms were for year end reviews. Maybe they were being sarcastic. I guess anyone who thinks this ship will stay afloat is being sarcastic. Will they turn a profit next... — read more 

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| 1420 views | | 8 replies (last February 2, 2018)
Post ID: @OP+RvF5Mw2

IT Layoffs

Here is a question for everyone. If they continue to lay off people in IT. What will they do if the Troy DataCenter crashes it ironically is 20years old this year? How will stores go out of business if IT is laid off till only a skeleton crew... — read more 

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| 3080 views | | 25 replies (last February 4, 2018)
Post ID: @OP+RvoZJi3

from cnn

https://www.cnbc.com/2018/01/31/sears-lays-off-220-employees-at-corporate-headquarters.html

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| 660 views | | 1 reply (January 31, 2018)
Post ID: @OP+RvDvZmN

Dear Eddie

You had 13+ years to make Sears right. all during that time you kept saying that we were transforming the company. You told us that Wall Street and the media did not understand the transformation. Eddie, it does not take 13 years to transform a... — read more 

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| 1360 views | | 4 replies (last February 1, 2018)
Post ID: @OP+RvCZwrB

Lousy day all around

I've just checked out latest posts, and it looks like we are far from the only ones with layoffs today. It seems that last day of January is really popular for layoffs. Walmart and Sam's Club are also being hit hard. Judging by this, it looks like... — read more 

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| 970 views | | 3 replies (last February 1, 2018)
Post ID: @OP+Rv5BnUs

The layoff site is right once again.

Corporate Trolls will try to tell you this site is bs but guess what? A week ago we were talking about cuts expected today 1/31 and we were right again. Just like they tell you everythings cool no bankruptcy. Mark my words it's coming and coming... — read more 

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| 1910 views | | 13 replies (last February 1, 2018)
Post ID: @OP+RvI12w4

Enhanced security

What is it with all the extra security they brought in for today? What exactly is it they are thinking we might do? Seriously, has there ever been an incident during Sears layoffs or closing of a store? If there were, I haven't heard about them. So... — read more 

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| 2170 views | | 8 replies (last February 1, 2018)
Post ID: @OP+Rvr6kFq

Enough of the rumors

Sears Holdings continues to achieve significant progress in our restructuring program, with actions taken in 2017 to realize $1.25 billion in annualized cost savings. Those savings were achieved through simplification of our organizational structure... — read more 

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| 2620 views | | 19 replies (last February 1, 2018)
Post ID: @OP+RvIeflS

Eddie's End Game is Seritage and Loan Interests to SHC

When the dust settles, we will see that Eddie planned this from the start. His endgame is Seritage, his REIT, which is doing really well as one after another Kmart/Sears store closes. He is becoming a bigger and fatter property owner as we speak. The... — read more 

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| 1200 views | | 8 replies (last February 2, 2018)
Post ID: @OP+RvFUQj0

1200

My source just told me 1200 souls gone

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| 1900 views | | 13 replies (last February 1, 2018)
Post ID: @OP+Rvti2X8

A Building today

Guard in the A building, by the door, has a binder with copies of Sears and contractor badges.

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| 1150 views | | 2 replies (last January 31, 2018)
Post ID: @OP+RvItsq5

Corporate Layoffs Begin

100-200 offshore employeees let go before start of working day in states. i know you don’t care as they are offshore but this could be you in the next few hours as part of the 30% being culled so be a little respectful, good luck to all, keep your... — read more 

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| 5940 views | | 37 replies (last February 1, 2018)
Post ID: @OP+RvfABWc

Is there more layoff's this week?

Is there more layoff's this week? I am hearing there are more to come. Does anyone know when how many will be impacted?

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| 2810 views | | 15 replies (last January 31, 2018)
Post ID: @OP+Ru2qk6R

Hoffman superthread

Let's post Hoffman layoffs here. Let us know, if you are willing, department, approximate role, your age and longevity, and/or how your area is affected (x people out of y let go). Not looking for personally identifiable information. Just an... — read more 

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| 2950 views | | 12 replies (last January 31, 2018)
Post ID: @OP+Rum6rA8

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