Report: Sears Holdings Cuts Headquarters Jobs

Sears Holdings has laid off about 200 employees, CNBC reported citing a recent WARN notice filed by the retailer in Illinois, with about 150 of those positions located at the company’s Hoffman Estates, IL, headquarters.

Company CEO Eddie Lampert, in a note to employees obtained by CNBC, said that as the company works to advance its “strategic transformation” it must return to profitability in order to retain the “confidence of our constituents.” To meet that goal, he said, Sears continues to look for ways to streamline its operations.

“We made the very difficult decision to eliminate a number of positions across various business units and roles,” he wrote in his note to employees. “While these changes didn’t impact a large percentage of our workforce, your leadership team and I want you to know that these decisions were not taken lightly or easily.”