Sears Cuts 400 Jobs in Turnaround Plan - News Summed Up

Sears Cuts 400 Jobs in Turnaround Plan


Sears Holdings Corp. on Tuesday said it is cutting 400 jobs at its corporate offices as part of its restructuring plan. The struggling retailer said the bulk of job cuts will be at its Hoffman Estates, Ill., headquarters, adding that it worked to leave open positions unfilled and reduce contract workers before cutting full-time jobs. The planned job cuts are in addition to the $1.25 billion restructuring plan the company...


Source: Wall Street Journal June 13, 2017 14:19 UTC



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