CHICAGO -- Sears laid off 100 workers at its headquarters outside of Chicago on Thursday, two months after the company got a hefty tax credit for dropping a threat to move its headquarters out of state.
Sears Holdings Corp. (SHLD) spokesman Chris Brathwaite said the layoffs of "about 100 associates" at its headquarters in Hoffman Estates took effect immediately.
Brathwaite said the job cuts do not violate the terms of a $150 million tax credit for Sears approved by the Illinois legislature in December after the company threatened to move its headquarters out of Illinois.
About 6,100 people currently work at the Hoffman Estates site, he said.
USA Today