After buying Sears out of bankruptcy, new owner and CEO Eddie Lampert is executing his master plan—to the concern of employees
Sears: The Sequel appears to be every bit as miserable as the original.
Reports from both current employees and retired workers as well as observations made at the company’s 425 remaining Sears and Kmart stores indicate not only that the great American teardown is continuing butLampert appears to have found more Machiavellian maneuvers to help his master plan—which at this point is beyond anybody’s guess. this week indicated that the company was cutting its life insurance benefit for some of its more than 90,000 retired employees.
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Sears is reportedly slashing life insurance policies for some of its 90,000 retirees as the retailer continues to scrambleSears just barely staved off liquidation, but thousands of retirees will lose their life insurance benefits, according to CBS.
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Outrage as Sears cancels life insurance benefits for up to 90,000 retireesRetirees were informed of the change by letter — though some reportedly weren't notified until after the termination date had passed.
और पढो »
Sears is reportedly slashing life insurance policies for some of its 90,000 retirees as the retailer continues to scrambleSears just barely staved off liquidation, but thousands of retirees will lose their life insurance benefits, according to CBS.
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