Sears laid off 100 workers at its Chicago-based headquarters Thursday, two months after receiving a huge tax credit for promising to stay in Illinois.

Sears Holding Corp. spokesman Chris Brathwaite told the Northwest Herald that the layoffs took effect immediately but did not violate the terms of a $275 million tax deal for Sears approved by the Illinois Legislature and Gov. Pat Quinn in December.

The deal with the state requires Sears to keep at least 4,250 jobs there; it still has 6,100, Brathwaite said.

Read more about specialty stores.

Related Content

User Comments – Give us your opinion!
Products & Services

Black Box iCOMPEL™ HD Digital Signage Platforms

http://global.networldalliance.com/new/images/products/2044.png

2044/Black-Box-iCOMPEL-HD-Digital-Signage-Platforms

Automated Retail - The Valet

http://global.networldalliance.com/new/images/products/6639.png

6639/Automated-Retail-The-Valet

Automated Retail KIOSKS

http://global.networldalliance.com/new/images/products/4828.png

4828/Automated-Retail-KIOSKS

LG 32LN541C

http://global.networldalliance.com/new/images/products/6459.png

6459/LG-32LN541C

Tablet PC Floor Display

http://global.networldalliance.com/new/images/products/4747.png

4747/Tablet-PC-Floor-Display

PCI Compliance Services

http://global.networldalliance.com/new/images/products/4892.png

4892/PCI-Compliance-Services

The Dot™

http://global.networldalliance.com/new/images/products/4170.png

4170/The-Dot

LG 42LN541C

http://global.networldalliance.com/new/images/products/6449.png

6449/LG-42LN541C

Strategic Design

http://global.networldalliance.com/new/images/products/7017.png

7017/Strategic-Design

SoloHealth Station® Kiosk

http://global.networldalliance.com/new/images/products/5687.png

5687/SoloHealth-Station-Kiosk

Vend and PayPal White Paper
CONNECT 2014 Mobile Innovation Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.