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Sears Canada (SHLD) lays off about 700 employees in Canada as the retailer continues to trim its...
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Friday, February 1, 7:13 AM ETSears Canada (SHLD) lays off about 700 employees in Canada as the retailer continues to trim its presence in the nation. Efforts to "rightsize" the company will continue, according to execs.
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Translation: Keep the "execs" and their unwarranted bonuses so they can keep running the company poorly and fire the "employees," who probably have nothing to do or say about the daily operation of the company, that live from one measly paycheck to another because Sears "couldn't afford" (according to execs) a pay raise for at least the last five years from what I've heard from people who work for them.