NEW YORK — Sears, Roebuck & Co. began laying off workers two weeks ago, and the bloodletting could result in more than 1,000 job losses.
One former employee who left the company a week ago said that the layoffs are part of a strategic initiative referred to internally as a “targeted headcount reduction.” According to the source, the cuts will continue through August. He pegged the total reduction in the workforce from both the Hoffman Estates, Ill., headquarters and various distribution centers to be between 1,000 and 1,500 jobs lost by the end of the summer.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)