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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1572 |
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(Eddie) Lampert thought merging both Kmart and Sear together was a good idea employees didn't think so. Employees were concerned about widespread job cuts when the new companies moved to close stores and convert hundreds of Kmart stores to the new Sears Essential convenience-oriented format. But officials said that while some layoffs were announced 5,000 people working at the two firms' headquarters, the vast majority of the work force of 400,000 would keep their jobs as Sears Holdings focuses on improving retail...
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But officials said that while some layoffs were announced 5,000 people working at the two firms' headquarters, the vast majority of the work force of 400,000 would keep their jobs as Sears Holdings focuses on improving retail. Employee Morale was low. Some people were panicking. What are you going to do? It's cost-savings,"
After Sears merged with Kmart, Sears CEO Lacy had publicly acknowledged that there would be significant layoffs, but as has said, we cannot "return to the status quo...
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General points of the essay
Kmart/Sear Case Analysis
Sears Holdings Corporation; Kmart And Sears As One
kmart/sears
Kmart & Sears
merger kmart sears
Sears Kmart Merger
Sears/Kmart Merger Case Study
Kmart : Where is it going?
kmart
Kmart Co
kmart analysis
kmart swot
Swot of Kmart
what happened at Kmart
E-business/Kmart
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