HOFFMAN ESTATES, Ill. (AP) - A published report says Sears is laying off 100 workers at its Illinois headquarters. Sears Holding Corp. spokesman Chris Brathwaite told Crain's Chicago Business the company is laying off "about 100 people" Thursday at its headquarters in Hoffman Estates. He says the layoffs take effect immediately.
Brathwaite told Crain's the layoffs don't 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 state. The Sears spokesman says the legislation doesn't go into effect until next fiscal year and the job levels in the legislation are well below the figure Sears will reach even with Thursday's layoffs. - http://goo.gl/67mWp
