Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Legal Fees

$4 million a week since filing for Bankruptcy. Sears better wind this down quick or there isn't going to be any money left to pay creditors or run the company. https://www.cnn.com/2019/01/23/business/sears-bankruptcy-legal-fees/index.html

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| 730 views | | 4 replies (last January 24, 2019)
Post ID: @OP+Xgp3kPF

A&E Home Services affected yet?

Anyone within the corporate bloat at home services been culled yet? I swear the regional and national managers and staffers must outnumber techs and field staff by now.

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| 580 views | | 4 replies (last January 25, 2019)
Post ID: @OP+XgnaQGx

Word is Dean Schwartz landed at Lowes

Christ, not only does he bring all of Sears' hardline relationships and Kenmore with him, he can pretty much let them know just what a disaster working Eddie is full monty. Lowes is really the true home of Craftsman now.

68k became 45k in 3 weeks

This is what saving the company looks like? I wonder if the liquidators could have worked faster.

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| 851 views | | 3 replies (last January 23, 2019)
Post ID: @OP+XfaBvmA

Lampert the next Jimmy Buffett ? - maybe

Even though its tough on those who have lost their jobs, it would be cool if this actually worked, turning this behemoth around and actually posting a profit. Maybe the money made by selling the brands and property can be used to upgrade the stores... — read more 

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| 1070 views | | 13 replies (last January 24, 2019)
Post ID: @OP+Xfpzxnr

Non accuracy

This is the most inaccurate website Forum anyone can ever go to to try to figure any kind of information out according to Sears. Nobody knows what's going to happen because they're keeping it secret. The only way to find out information is to find... — read more 

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| 1170 views | | 11 replies (last January 23, 2019)
Post ID: @OP+XfSA0NU

401k match

So I've heard mixed things on here, what date does the 401k match return?

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| 870 views | | 13 replies (last January 23, 2019)
Post ID: @OP+XfBABzX

Is this true?

Eddie’s plan for severance will probably only apply to those still employed by the BUs he purchased when he takes possession of them on 2/10. That means anyone let go prior to the bankruptcy or in the first round of closings will not be eligible... — read more 

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| 860 views | | 4 replies (last January 22, 2019)
Post ID: @OP+XfVgEb8

It;s now about hour cuts, not layoffs

Hours have been cut. Again. They can’t really get rid people at store level after all the screaming about preserving jobs without potentially having the judge order liquidation. They’ll axe the few remaining FT associates, but if you’re PT, your... — read more 

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| 860 views | | 5 replies (last January 24, 2019)
Post ID: @OP+Xf4tJSA

Sears Auto

Seems like they are finally cleaning house at Corp in the auto dept. it’s about time !!!

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| 1130 views | | 8 replies (last January 23, 2019)
Post ID: @OP+XfaRkK0

Tax write-offs

People are writing about tax write-offs, that the company will be able to use the previous years' losses as a tax advantage. But wouldn't the company need to make a profit, against which they can use the losses ?

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| 502 views | | 4 replies (last January 22, 2019)
Post ID: @OP+XfYUkGN

There is no removing Eddie from Sears anymore

In 2 weeks (if it goes thru) he will own NO shares of the company. So there's no shares or bonds of his to sell. No board to direct him or remove him. No shareholders. Nothing. He owns it completely just like you own a pair of shoes. Nobody can do... — read more 

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| 810 views | | 5 replies (last January 23, 2019)
Post ID: @OP+XfpewcJ

Current Inventory Levels in Stores

I went to a Kmart on a mini road trip for the first time in months. SHC has totally left my metro area for both sears and Kmart and the nearest Kmart is now 90 miles away. My Kmart closed in September so I haven’t seen a Kmart store not in... — read more 

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| 1583 views | | 17 replies (last January 23, 2019)
Post ID: @OP+Xf6s8tm

So much for saving jobs Eddie!!!

Sears warehouse in Hanover Twp. closing DENISE ALLABAUGH / PUBLISHED: JANUARY 21, 2019 The massive Sears warehouse which spreads through Hanover Twp., Sugar Notch and Warrior Run is closing in May and more than 120 people are losing their jobs... — read more 

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| 870 views | | 2 replies (last January 22, 2019)
Post ID: @OP+Xfk34LV

Mark Johnson gone

Mark Johnson has left Company. Huge moves tomorrow. Change is happening.

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| 2570 views | | 10 replies (last January 22, 2019)
Post ID: @OP+XeyaK6T

Sears could be saved, but not by Eddie Lampert

I agree that at this point, with smart management and with tromendous work Sears could be saved. I just don't see Eddie Lampert in that picture. The man who gave the biggest contibution to Sears being in this state simpy can't be part of the... — read more 

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| 1000 views | | 9 replies (last January 22, 2019)
Post ID: @OP+XeuILET

What can we do?

How can we bring the customers back to Sears? Is there even a way?

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| 1840 views | | 23 replies (last January 23, 2019)
Post ID: @OP+Xdd1pgm

Employee pay/benefits with new company

Take it or leave it but just passing this info along for consideration. I recently left Sears and last week had a candid chat with the HR Director at my new company about the current happenings with Sears. He made a pretty good point about the... — read more 

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| 2750 views | | 15 replies (last January 22, 2019)
Post ID: @OP+XdlDx8M

The Sad Saga Continues...

Eddie will continue s---ing the company dry, selling real estate, and closing stores. Just when you thought Sears' death couldn't get any slower.

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| 521 views | | 2 replies (last January 20, 2019)
Post ID: @OP+XdIJdJd

401k match

I just got word today that our 401k match is coming back with Eddie's new money making go forward plan. Now the results are starting to show. Very happy here! There is talk of higher pay too, as the future gets better. This should have happened a... — read more 

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| 1764 views | | 20 replies (last January 22, 2019)
Post ID: @OP+XdFe008

Prime Clerk Docket 1730.

Sorry everyone but I got lost and somewhat confused while trying to reading docket 1730 regarding future employment and employment offers. Could someone be kind enough to enlighten me regarding these issues? Thank you very much.

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| 1010 views | | 3 replies (last January 20, 2019)
Post ID: @OP+Xdhpnpx

Honest Question..

If the sales of Seras goes through as most articles suggest what happens to the heath plans that employees currently have? Can a union shop close down fire all employees and re open under the new name legally? So many uncertainties....

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| 710 views | | 3 replies (last January 20, 2019)
Post ID: @OP+XcLtIX4

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