Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Wfm outage 10/18

Interesting that it will be going down before paystubs appear Thursday night. The bankruptcy FAQ also said something about the pay date being 10/19 now. Layoffs perhaps?

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| 1020 views | | 3 replies (last October 20, 2018)
Post ID: @OP+VHO6mEu

Yawn

I know more than you. No. I know more. I am better than you. No. I am! I will get lots of money. No, I will. This person s---s. No, that person s---s. Kmart is better than Sears since we all know that Sears is better than Kmart. Just ask anyone who... — read more 

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| 960 views | | 9 replies (last October 18, 2018)
Post ID: @OP+VGMK554

Im sure you have a more distinguished title

Since getting layed off, i learned that Julie was the only exec to fight with Eddy about severance packages. If she was there now she would still get employees some type of severance. But she isn't, watch what happens now!

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| 890 views | | 4 replies (last October 18, 2018)
Post ID: @OP+VGPL57R

About Jules Ainsworth

If you have ever worked with Julie Ainsworth you would know that she was the only posative driving force on the executive floor! Most other executives came to her to solve their problems. Unfortunately Eddie didn't agree with her plan to improve the... — read more 

Good bye Jules Ainsworth

Why would Eddie let her go when were going through this. She si the only leader with a brain. another reason why we fail, he can't keep good people

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| 2510 views | | 4 replies (last November 16, 2018)
Post ID: @OP+VGNNrJ5

Noticed this among the "Restricted Stores"

The 333 "Safe" Stores have an interesting composition as the majority of them are K-Mart stores... specifically 206 - Only 127 Full Line Sears stores are considered safe.

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| 1631 views | | 5 replies (last October 18, 2018)
Post ID: @OP+VG4HXeP

Weird that the stock price is soaring

57 cents as of now. After declaring chapter 11, and facing massive closures, and an unlikely future, and with the likelihood that the shares will be cancelled, and new ones issued to the debtholders, one would think that the shares wold completely... — read more 

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| 990 views | | 8 replies (last October 19, 2018)
Post ID: @OP+VGgINx7

Kmart strong

After years of abuse that we've taken and the high and mighty attitude of some, not all but some Sears purists, notice how much profit Kmart has added to this company? Seems Kmart isn't they loser they kept trying to make out it was. In some regions... — read more 

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| 1020 views | | 9 replies (last October 17, 2018)
Post ID: @OP+VGtymDQ

Good News For Pensioners

There have been posts on this board by either misinformed and/or malevolent parties stating that SHLD pensioners are going to suffer dire consequences due to the bankruptcy. Nothing could be further from the truth! "The Pension Benefit Guaranty... — read more 

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| 1500 views | | 13 replies (last October 18, 2018)
Post ID: @OP+VGAByeY

SHI(INDIA)

Sears India MD gave clarity on severance/Compensation. Its based on Notice period & Experience in Sears Example:My notice period is 1 month & i have 1 years of experience in sears,so my severance will be [1 month salary(1 month notice period) + 15... — read more 

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| 1170 views | | 8 replies (last October 18, 2018)
Post ID: @OP+VGiC186

You should have seen this coming

No one and I mean no one should be upset, angry or suprised at getting no severance. How long has this thing dragged out? You took your chances and the dice came up c-aps for you. You knew this was a very real possibility and yet you stayed. U... — read more 

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| 626 views | | 2 replies (last October 17, 2018)
Post ID: @OP+VG8drlG

Sears should have been where Amazon is now

Ran into a conversation on another board about this, and I couldn't believe how correct this really is, if you think about it. Who pretty much invented catalogs? We did. Sears catalog was read by the entire family! Old issues still sell well on eBay... — read more 

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| 641 views | | 4 replies (last October 18, 2018)
Post ID: @OP+VGVM2AN

People from closing stores, are you getting severance?

Can we get info directly from somebody in the closing stores, please? With people saying everything from no severance to reduced one to regular one, it'd be nice to hear it from somebody who actually knows for sure. Please, I know this is not a good... — read more 

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| 1110 views | | 6 replies (last October 17, 2018)
Post ID: @OP+VGVte7q

Let Me Help You With The Restructuring

Get rid of MSL's- waste of payroll Hassle's what do they do? Bye Bye SM put a walking meter on them, you'll be shocked ASM's get your hands dirty once and awhile Get rid of the POS system, guess what there's better technology even vendors at flea... — read more 

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| 720 views | | 3 replies (last October 18, 2018)
Post ID: @OP+VGRlQcf

Did Eddie Show Up In Person?

So did Eddie have the B-LLS to show up in person for the townhall meeting, or did he hide behind the screen?

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| 1090 views | | 6 replies (last October 17, 2018)
Post ID: @OP+VGhoAei

The worst thing? Still being open.

When the closing stores were announced everyone in my location was upset that we were not chosen to close. Being in a "Go Forward" store is a f---ing joke. We can't order any product, we are not getting trucks, nobody applies for credit anymore... — read more 

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| 1390 views | | 10 replies (last October 17, 2018)
Post ID: @OP+VFpH1gc

Hope for the best, but expect the worst

I did some research about bankruptcy on nolo.com and the facts are that only about 10 to 15 percent of companies continue successfully after chapter 11. So, there is an 85 to 90 percent chance that Sears will shut down for good. It also said that the... — read more 

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| 720 views | | 3 replies (last October 17, 2018)
Post ID: @OP+VFEdJGs

Two things irritate me

The 1st is that I don't know how or why you would EXPECT severance from a dying company in front of the bankruptcy court. Doesn't make sense because the company is not going to have the money to pay. If you're not management, what do you get? Four... — read more 

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| 900 views | | 3 replies (last October 17, 2018)
Post ID: @OP+VFtuQpr

Credit Applications

In my former store credit apps were run w/o the customers consent all the time. Either for both cards when the customer was applying for only one or forcing them to apply when they already had a card but had left it at home by changing 1 digit on the... — read more 

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| 940 views | | 7 replies (last October 17, 2018)
Post ID: @OP+VFvGsgE

People were in tears after hearing layoff news

Finally my day came which was yesterday. I was truly happy I was in charge of FTW and that department from being well organized on its A game became sh!t when SST was introduced. I saw it crumble. I stop caring I did what I could, but day by day it... — read more 

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| 960 views | | 3 replies (last October 17, 2018)
Post ID: @OP+VF2V7IV

Everyone knew!

I believe all of you as I worked there myself. If you search "I hate Sears" & Indeed on Google, you will get to employment site Indeed's Sears forum. 1st post was written almost 11 years ago and that post plus most of the ones following -- for 5... — read more 

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| 732 views | | 2 replies (last October 17, 2018)
Post ID: @OP+VF0wyDZ

Liquidating Sears Stores

Liquidators are totally in charge of the store. They will make the schedule, they will deal with customers, they will set the prices and they will sell everything that is not part of the building. Get ready. You will make more money with more hours... — read more 

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| 892 views | | 3 replies (last October 16, 2018)
Post ID: @OP+VFXk3kY

Sears HE Layoffs Starting Next Week

Lalyoffs at HE and some of the other parts of the company begin next week. They are still structuring the BK. The easiest part is to close a store so that is the beginning. Then you shut down divisions like buyers, marketing, IMX, Innovel, IT... — read more 

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| 905 views | | 1 reply (October 16, 2018)
Post ID: @OP+VFgxF8K

Hedge Fund

Eddie made himself and his hedge fund and other businesses money while he drained Sears of resources and sold off profitable divisions of sears and kept the things that were draining profit from departments, stores, and divisions that were bringing... — read more 

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| 504 views | | 1 reply (August 28, 2019)
Post ID: @OP+VFXPG1w

Innovel

Warehouses employees were told layoffs are going to be made starting Friday.

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| 1240 views | | 5 replies (last October 16, 2018)
Post ID: @OP+VF75QRi

lampert town hall

https://www.cnbc.com/2018/10/16/sears-eddie-lampert-speech-to-employees-post-bankruptcy.html?__source=sharebar|twitter&par=sharebar

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| 761 views | | 4 replies (last October 16, 2018)
Post ID: @OP+VFBy8yt

Severance Pay Reality...

Severance pay is done. Severance Pay was never meant to help you. It was a way for the company to buy out any possible law suit for a definite amount rather than roll the dice with potential lawsuits. Now they dont care too much about it because they... — read more 

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| 612 views | | no replies yet
Post ID: @OP+VFe5o3S

Eddie's Speech

Listened to Eddie's Town Hall this AM. First, this is the hardest thing he has had to do since his father's eulogy when he was 14? Way to make it about yourself! Then, asking if people know what it is like to fire a secretary or housekeeper? Total... — read more 

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| 2160 views | | 27 replies (last October 18, 2018)
Post ID: @OP+VFVziAy

Kmart Conneaut Ohio

Closed 4 years ago and people were begging for it not to. When you own the retail market and people are begging you to stay and you don't run a store there then you're not trying as a retailer. I think shareholders should be angry, this is gross... — read more 

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| 920 views | | 7 replies (last October 17, 2018)
Post ID: @OP+VF2IiCO

Pebble Talk

So what’s the conversation like on Pebble? I’m on vacation so I can’t log in. Are there the same “rah rah” speeches that they gave during the morning conference calls?

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| 970 views | | 10 replies (last October 17, 2018)
Post ID: @OP+VFc1wIu

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