About 800 Workers to Lose Jobs at Sears Canada
About 800 employees working for Sears Canada's repair services and head office posts stand to lose their jobs in the next six months, as part of the company's reorganisation and restructuring.
Specifically, 712 jobs will close at the repair services and parts businesses, while 79 will be slashed in the company's head office in Toronto.
"The changes we are announcing today are being made to bring the structure of our organization in line with the size of our business," Doug Campbell, president and chief executive officer, Sears Canada Inc, said on Tuesday.day'
Tuesday's announcement followed a much recent pronouncement where the company said 1,000 jobs will be lost as a result of the sale of leases at five locations, including the Eaton Centre, for $400 million.
In August, Sears Canada slashed 245 jobs at head office, in IT, finance and payroll.
"These improvements are initiatives we are implementing as part of the efficiency lever, one of the three levers we utilize along with the merchandising lever and network lever to maximize total value for the organization. While right-sizing is important for a more effective enterprise, our greatest opportunity lies within the merchandising lever, where our focus is on providing quality products and services that Canadians expect from Sears when and where they want them at prices that provide great value."
"Decisions that affect associates such as those which we announced today are not taken easily, and are made with great forethought and consideration," added Mr. Campbell. "I thank those leaving Sears for their contribution to the Company and wish them much success in the future. The Company will offer transition services as a way to assist our associates as they prepare for their next role."
Sears Canada has closed some of its big city locations in Western Canada, at the same time announcing it will vacate other large stores. Its flagship downtown Toronto location is included in these plans.