Sears cuts 400 jobs
Sears, the department store group, has cut about 400 jobs. The majority of the positions were in the head office and stores and excluded customer-facing staff. The lay-offs follow the December redundancies of about 70 head office staff. The retailer insisted it has no plans to close stores. Vice-president of corporate affairs and communications Vincent Power said: “This helps position us properly for moving forward with our transformation plans. That involves some realignment of the ...
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