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Sears Canada plans to lay off 624 employees in effort to improve its operations

TORONTO - For the second time this month, Sears Canada Inc. (TSX:SCC) has announced a round of layoffs, this time as the retailer eliminates 624 workers.

The struggling company says the cuts will help improve communication and encourage more consistency within its operations.

Sears Canada says most of the reductions will be in middle management at Sears department stores, affecting an average of five employees per location.

Two weeks ago Sears Canada said about 1,600 positions would be affected as it shuttered its three Canadian call centres and reduced staff at its warehouses.

Sears Canada is trying to reduce costs and improve its overall business as part of a three-year turnaround plan.



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