No layoff's but hours will be cut.
Eddie saved your job, but he's not going to spend anymore money on you or the store than he has in past. Sears will continue to bleed money, but at a slower pace, which to some will indicate a turn around. It will be business as usual under the guise of a new and improved Sears.... nothing will change.
Found that @XaiTBlc-fjp made a good point.