Sears Holdings trims 300 from HQ
Home & Textiles Today Staff -- Home Textiles Today, February 2, 2009
Hoffman Estates, Ill. – A Sears Holdings spokesperson confirmed to HTT that the company is laying off 300 headquarters and support personnel from three locations: here, Troy, Mich., and New York.
The measure was taken “after careful consideration of our business organization needs,” said the spokesperson.
The Sears source told HTT that the amount and timing of charges to be taken for the action will likely not be announced until the company states its fourth quarter earnings in coming weeks.
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