SEARS LAYOFFS

CP

Sears Canada Layoffs Just Won't Stop

TORONTO - Sears Canada Inc. (TSX:SCC) has announced a round of layoffs for the second time this month, eliminating 624 workers.The struggling company said Wednesday the cuts will help improve communic...
CP

MORE Layoffs

TORONTO - Another round of job cuts is rippling through the operations of Sears Canada Inc. (TSX:SCC), affecting more than 1,600 positions as the company looks for ways to lower expenses. The retailer...
CP

More Trouble For Sears

TORONTO - A total of 640 people are out of work after a key Sears Canada ally has gone into receivership.A spokeswoman for Pricewaterhouse Coopers Inc. says only a small number of employees at SHS Ser...
CP

Just In Time For The Holidays: Layoffs

TORONTO - Sears Canada (TSX:SCC) is laying off another 800 employees across its operations in the latest round of major cuts that have involved closing several of its highest profile department stores...
CP

Sears Canada Vacates Stores

TORONTO - Sears Canada Inc. (TSX:SCC) will be vacating at least two major Toronto-area stores and possibly a third in return for cash payments from its landlords, who, analysts say, will be able to of...
AP

Sears Canada Had A Bad Holiday Season..

TORONTO - Sears Canada Inc. said profits remained steady in the fourth quarter compared with a year earlier as one-time items offset a decline in sales during the holiday shopping season.The Toronto-b...
AP

Layoffs Hit Sears Canada

TORONTO - Sears Canada (TSX:SCC) announced Thursday it is laying off 700 workers across the country as part of a move to "right-size" the company and focus on restructuring its business.The national r...
CP

Sears Slashes 400 Jobs

TORONTO - Sears Canada is cutting roughly 400 jobs across the country as it closes nearly all of its in-store cafes. Company spokesman Vincent Power said Tuesday that the cuts are part of a plan by Se...