To keep everyone in the loop today about layoffs and keep things consolidated please comment here, us against them!
Why is Sears announcing "earnings" so abruptly?
There's no trace of a scheduled earnings announcement except for an Investopedia article. There's not even an announcement on their own site! That will surely piss off the stockholders they do have. Are they trying to hide from the media? Good luck... — read more
Feb 23rd Layoff Megathread
Please only post confirmed layoffs here. The only confirmed one so far on here was a QMT on Wed saying his DFM was let go.
Some good advice from @@LWZrJwd-3yje
So many years ago I walked in the front door with dignity and confidence. Happy to be at Sears and confident I could do a good job. If I get "the walk" tomorrow, I'm going out the FRONT door the same way. Dignity intact and confident I did everything... — read more
Best guess, what happens tomorrow?
Any ideas? Curious and worried
SHLD Stock Price Update-- Wednesday, February 22, 2017
SHLD stock price update: Wednesday, February 22, 2017: Start of trading day: $8.20 End of trading day: $8.33
This is how it starts...
Sears to release earnings before stock market opens on 23rd...
Down Memory Lane - A 26 Slide Pictorial of Sears Former HQ Bldg's on Chicago's West side
http://www.businessinsider.com/photos-of-the-old-sears-headquarters-2013-2?op=0#the-old-sears-towers-are-just-outside-chicago-1
The layoffs starts
My DFM was let go today and herd several more were let go also around the Nation, I guess we QMT's will will be next. Just waiting for the call.
Additional suggestions to do for those getting laid off
1) Be sure to back up & remove any personal files on your work computer-- you really only should be having work related files on your workplace computer anyway! 2) Back up ALL files on any devices that you may have used to "log into" your workplace... — read more
SHLD Stock Price Update -- Tuesday, February 21, 2017
SHLD stock price update: Tuesday, February 21, 2017: Start of trading day: $7.85 End of trading day: $8.06 NOTE: The stock market was closed on Monday, February 20, 2017 due to the Presidents Day Holiday!
So I got to thinking and...
How often do you commission associates get asked to do other jobs that take you away from your department? The reason I'm asking is because I worked for sears in the HA department till early this year when I decided to quit because it wasn't really... — read more
Feb 23rd a lie? Where are all of the layoffs?
Where are all of the layoffs? Lies?
Stand alone Sears Auto Center pilot opens
http://www.autonews.com/article/20170221/RETAIL05/170229966/sears-launches-free-standing-pilot-diehard-auto-center?CSAuthResp=1%3A1173638231042612%3A603842%3A4189%3A24%3Asuccess%3AA27B9A473EDD173E8EEB247E416F65BC Now don't you all feel better about... — read more
New Risk Levels for APP...
...are coming. Brace yourselves.
FEBRUARY 23RD
I keep hearing they are going to be having layoffs this day, also I heard they are going to be be doing away with commission sales as well. If this does happen are they going to offer people in those departments there average hourly or are they going... — read more
Sears
Years ago, the company had a layoff / buyout situation in our department. If that wasn't bad enough, Hoffman HR brought in aspiring "future execs" to observe the reactions of those getting the bad news. I can only hope some of those Hitler Youth are... — read more
How Large will Sears Layoffs be?
Repost from @LWZrJwd-vhf - A 25% cut company-wide is plausible.... although estimated at 30.000 to 40.000 peeps highly unlikely A 25% cut at Hoffman Estates just ain't gonna happen. As of Feb 25, 2016 they had 4850 corp. employees plus 800... — read more
Be courteous and respectful
Be courteous and respectful to those who are laid off on Thursday. Statistically your time will come in your career. If you don't know what to say then don't say anything, following up with a LinkedIn message or email if you were relatively close... — read more
This is what will happen tomorrow
Repost from: @LWZrJwd-1bzm - This is what will happen tomorrow if you're being laid off:(Remember this decision was made a couple of days ago, there is nothing you can say or do that will change this, you are just going through the motions at this... — read more
Maybe some good comes out of this
It's sad seeing this company fall off like it has. I used to work for the Cupertino, CA Sears store from July 2005 - January 2015 (I had to move to Pittsburgh, PA - wouldn't wish it on my worst enemy/hated person). The Cupertino store closed down in... — read more
SHLD Stock Price Update Summary -- Feb 13, 2017- Feb 17, 2017
SHLD Stock Price Update Summary Feb 13, 2017- Feb 17, 2017: Start of trading week: $6.89 End of trading week: $7.54
My money is on Thus Feb 23rd for Head Office (Hoffman Estates) Layoffs, here's a simple reason why:
A simple excercise anyone can do. Open your outlook calendar, go to 'make new appointment' then 'select rooms'. Select every room available. You will see what rooms are available and the title for each. Beteeen the hours of 8am and around 1/2PM there... — read more
Anyone who doesn't believe Sears wants to go belly-up is a fool.
I don't need to elaborate. Nobody, not even Eddie/Eli, is stupid enough to believe the moves they're making are designed for, and will result in, long-term survival.
Fast Eddie will affect more jobs than just Sears/Kmart
Sears Holding Corp. (SHLD) is on the brink of disaster. As a result, there is major risk -- to companies with exposure to the once iconic retailer. if Sears goes out of business -- potentially likely within the next three years -- it will make global... — read more
SHLD Stock Price Update-- Friday, February 17, 2017
SHLD stock price update: Friday, February 17, 2017: Start of trading day: $7.25 End of trading day: $7.54
More cuts coming???
I have a question I am a current Sears employee. As of now they eliminated a few lead positions at our store. For the past few days our store manager has been on "company business" (5 to be exact). Can anyone tell us what's going on with this? Who is... — read more
Coming AP Layoffs
Two of our young AP abruptly turned in their voluntary separation forms this week. I think the APM tipped them off to find new jobs, since they were all drinking buddies outside of work. Both were seriously underpaid and all of a sudden claimed new... — read more
Re: losing commission. Hiring signs for commissioned sales at my store....
...and we don't really need anybody! Our tools/L&G and mattresses/appliances departments are staffed adequately. Nobody is quitting, there is no reason I could think of for our store to have a hiring event. Could they be trying to get "replacements"... — read more
Shame on you SHC
After nearly 18 years of service you laid me off on 1-19-17. I returned my severance docs to you 4 days later. I have spent countless hours re-faxing and re-faxing documents, emailing documents, and sitting on hold with 88 sears. A month later, I am... — read more
Thumbs Up for SHC (workers that is)
I come to this board's homepage, Sears isn't mentioned as being one of the active threads but if you look at recent posts, SHC is well represented. Shows that there a lot of people who care about their workplace. Although wasted & not appreciated at... — read more
Kmart question for anyone who might have some information
Does anyone know if the pharmacy business is for sale? It would make sense for them to spin it off or try to sell it to raise money. I know target sold their pharmacy business to CVS and now CVS operates all target pharmacies. I know there is a lot... — read more
One question....
If you could ask your store manager one question and he could be completly honest with you, what would it be?
Coming soon: Bye bye commission
Commissioned associates will shortly be being recoded to hourly so that they can be used as cashiers and merchandisers in the stores due to lack of hours. Hello pay cuts. No way will they be paid what they are currently making.
Store Hour Cuts
Stores will be shortening hours they are open next month. Closing earlier and opening later. Have to save that billion somehow.
Pebble is down...
Wuh oh...
SHLD Stock Price Update-- Thursday, February 16, 2017
SHLD stock price update: Thursday, February 16, 2017: Start of trading day: $7.73 End of trading day: $7.39