YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Sears to cut 250 jobs at HQ

Posted online

Sears is laying off 250 people at its Hoffman Estates, Illinois, corporate headquarters starting at the end of October.

"Affected employees will be placed on a paid administrative leave effective immediately for the time prior to the employment termination date," Sears officials said in a letter to the Illinois Department of Commerce and Economic Opportunity.

The company recently announced another 100 Sears and Kmart stores would close by year's end after a previous announcement that 26 would shutter in October.

Read more from Crain's Chicago Business.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: BluCurrent Credit Union

BluCurrent Credit Union held a June 21 grand opening at an office building it renovated at 4520 S. National Ave.; Ozark Mountain Gymnastics changed ownership; and a Branson theater property made way for a new entertainment business with the opening of Star Concert Hall.

Most Read
Update cookies preferences