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Sears said in a notice last week to the Illinois Department of Commerce and Economic Opportunity that the employees have been placed on paid leave and their jobs will be terminated over a 14-day period starting about Oct. 28.
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Sears laying off 250 at headquarters outside Chicago

Seth Wenig/AP

Sears laying off 250 at headquarters outside Chicago

HOFFMAN ESTATES, Ill. — Sears has told the state of Illinois it’s laying off 250 employees at its corporate headquarters in the Chicago suburb of Hoffman Estates.

Sears said in a notice last week to the Illinois Department of Commerce and Economic Opportunity that the employees have been placed on paid leave and their jobs will be terminated over a 14-day period starting about Oct. 28.

Company spokesman Larry Costello says the affected employees were placed on paid leave last week.

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Sears was once the largest retailer in the country but filed for Chapter 11 bankruptcy last October. In February, Transform Holdco, controlled by former Sears chairman Edward Lampert , bought the retailer and 425 stores in a bankruptcy auction.

First Published: September 5, 2019, 3:27 p.m.

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Sears said in a notice last week to the Illinois Department of Commerce and Economic Opportunity that the employees have been placed on paid leave and their jobs will be terminated over a 14-day period starting about Oct. 28.  (Seth Wenig/AP)
Seth Wenig/AP
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