sears-employee-letter-112918-lampert-22e88e60aa86764d.pdf

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Employees of Sears and Kmart have written to Edward Scott Lampert, Chairman of Sears, urging financial firms and creditors involved in the Sears Holdings Inc. bankruptcy to prioritize worker protections. The employees highlight a drastic reduction in the workforce from over 300,000 to 68,000 staff and request commitments to preserve jobs, provide severance pay and hardship funds, and honor retiree pensions.

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  • Sears has experienced a significant decline in its workforce and physical presence, shrinking from more than 4,000 stores and over 300,000 employees to over 600 stores and 68,000 employees.
  • Employees are requesting that financial firms and creditors participating in the Sears Holdings bankruptcy commit to three specific protections: preserving thousands of jobs and stores, guaranteeing severance pay and a hardship fund for laid-off workers, and honoring retiree pensions.

Cite the original document

APA
Private Equity Stakeholder Project (2018). sears-employee-letter-112918-lampert-22e88e60aa86764d.pdf. http://pestakeholder.org/wp-content/uploads/2018/12/Sears-employee-letter-112918-Lampert.pdf
Chicago
Private Equity Stakeholder Project. sears-employee-letter-112918-lampert-22e88e60aa86764d.pdf. 2018. http://pestakeholder.org/wp-content/uploads/2018/12/Sears-employee-letter-112918-Lampert.pdf.
Wikipedia
{{cite press release |author=Private Equity Stakeholder Project |title=sears-employee-letter-112918-lampert-22e88e60aa86764d.pdf |date=29 November 2018 |url=http://pestakeholder.org/wp-content/uploads/2018/12/Sears-employee-letter-112918-Lampert.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{privateequitystakeholderproject2018searsemployeeletter112918lampert22e88e60aa86764dpdf, author = {{Private Equity Stakeholder Project}}, title = {{sears-employee-letter-112918-lampert-22e88e60aa86764d.pdf}}, publisher = {Private Equity Stakeholder Project}, year = {2018}, month = nov, url = {http://pestakeholder.org/wp-content/uploads/2018/12/Sears-employee-letter-112918-Lampert.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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