Sears slashes 400 jobs in corporate offices
According to multiple June 13 reports, Sears announced it would cut 400 jobs, affecting mostly its employees at its corporate headquarters in Hoffman Estates.
The layoffs come as part of an effort to restructure, which is designed to deliver Sears $1.25 billion in annual cost reductions.
On top of the corporate office jobs, positions at field operations will be affected as well due to store closures Sears initiated earlier in June.