Thursday, April 2, 2015   

Retailer Sears sheds 1,600 Canada jobs
(01-16 09:41)

US retailer Sears announced it would lay off about 1,600 employees in Canada, after slashing another 1,800 jobs just months ago.
The embattled department store operator's Canada branch said it will immediately dismiss 283 employees as a logistics unit is reorganized.
It will also eliminate 1,345 positions in customer service by phone in the next nine months. That business will be outsourced by US computer services firm IBM.
Sears Canada has 181 corporate stores in its network, along with 241 Hometown stores and more than 1,400 catalog and online merchandise pickup locations.—AFP

   
Other Business breaking news:
US hirings slowed in March, private survey finds (04-01 20:49)
Greeks settle debts to the state to the tune of 147m euros (04-01 20:45)
Jeep drives sales at Chrysler-Fiat parent (04-01 20:40)
France frowns on PCCW’s moves on Dailymotion (04-01 18:21)
Hang Seng, Shanghai end higher (04-01 16:51)
Germany's overall debt ratio fell in 2014: Bundesbank (04-01 16:51)
Macau casinos count 10th month of falling revenue (04-01 15:56)
Posco shares dumped on sale news (04-01 15:25)
European equities fall (04-01 15:23)
Euro climbs, greenback eases in Asia (04-01 14:33)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.