Reports Suggest Layoffs Coming at Sears Holding Corp.

Detroit, The Detroit Free Press reports that an e-mail has been sent by the management of the newly formed Sears Holding Corp. to employees saying that layoff announcements will be made throughout the month of April. The paper reports that, “for those who make the cut, they will find out in April how much their pay and benefits may fall as the newly merged Sears Holdings Corp. works to cut costs.”

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