Sears is laying off hundreds of corporate workers less than a week after announcing a new round of store closures, Business Insider reported. The layoffs impacted workers at Sears' headquarters in Hoffman Estates, Illinois, as well as the company's offices in San Francisco. The total number of laid-off employees is fewer than 300. Sears' parent company, Transformco, which also owns Kmart stores, confirmed the layoffs. "Since purchasing substantially all the assets of Sears Holdings Corp. in February 2019, Transformco has faced a difficult retail environment," the statement said. The company last laid off corporate employees in September. That round of layoffs impacted about 250 people.
