Thread regarding Sears layoffs

What's going to happen to Sears Home Service (via Applaince Repair)

I've been repairing Applaince for Sears for 40 years I'm good at it. I have been reading these posts for a couple of week now. But I have not read anything about what's in store for us. Has anyone in Sears land heard anything?

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| 1504 views | | 9 replies (last July 25, 2018) | Reply
Post ID: @OP+KYDlqA1

9 replies (most recent on top)

Home services is up for sale and Eddie may buy it. If that happens who knows if he will actually put money into it, use it to borrow money to fund his other investments or break it up and sell it to others. Of if someone else buys it then they could either keep existing people employeed or reduce the sears people and put their own people in place.

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Post ID: @9mrsp+KYDlqA1

Following its divestiture of Craftsman last year, Sears confirmed it's been looking to spin off some of its other assets. The department store chain was recently seen bolstering its Home Services business, hiring more employees within that division. link==>

https://www.google.com/amp/s/www.cnbc.com/amp/2018/04/23/eddie-lamperts-hedge-fund-esl-proposes-to-buy-kenmore-brand-sears-real-estate.html

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Post ID: @9mgsr+KYDlqA1

Think about opening up your own Service Business sooner than later and get a jump on the competition. You already have the skills to do it and you won't have to hunt for a Job when the axe falls. I went through the same scenario and bailed early on a company that was sinking 25 years ago as a younger man and never once looked back. There is nothing better than being in charge fo your own fate.

You most likely won't need to keep updating with training on new Kenmore appliances as SHLD has already proven that they can't sell a Brand name or an asset, that is why they are going BK. And most important, your income will be only limited by what you do or don't do. Good Luck with your future endeavors.

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Post ID: @wfo+KYDlqA1

Just ask your manager. I'm sure he/she will be able to answer any concerns you have. nudge nudge wink wink.

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Post ID: @uxu+KYDlqA1

Forty years with the POS company? I hope you put 15% of income away for retirement.

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Post ID: @xaq+KYDlqA1

They've considered the service division a sellable asset for years. Before or after the SHC bankruptcy, some other company might buy it. You could find yourself working for someone else with almost no interruption. And they will still need people to service Sears products. As mentioned below some company will end up with a contract to take care of Sears warranty and service contract work.

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Post ID: @prn+KYDlqA1

Some other Co will be given responsibility to repair the Sears warrantee work out of bankruptcy proceeds. Hopefully you will have the opportunity to move to them if you choose. Your skill set is valuable ,notwithstanding the other comment you are too expensive. High skills are cheap for doing the job right first time.

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Post ID: @pic+KYDlqA1

Hmmm... 40 yrs on the job - you'll be lucky if you end up working for someone else... no matter how f'ing good you think you are - a 40 yr employee is too damn expensive

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Post ID: @imz+KYDlqA1

Your division is up for sale. With some luck you will end up working for someone else...

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Post ID: @mrx+KYDlqA1

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