The Detroit Free Press reports this morning that Kmart is conducting a nationwide store-by-store review that will result in an unspecified number of layoffs, adjusting store staffing levels in what company spokesman Jack Ferry said was a "normal review of our business."
In some cases, according to the report, full-time employees will be reduced to part-time status - which would help Kmart deal with a 13.5 drop in same-store sales during the recent holiday season.
Kmart, which emerged from bankruptcy protection last May, currently employs 155,800 workers at 1,500 stores and 2,200 at its Troy headquarters, according to Ferry.
In some cases, according to the report, full-time employees will be reduced to part-time status - which would help Kmart deal with a 13.5 drop in same-store sales during the recent holiday season.
Kmart, which emerged from bankruptcy protection last May, currently employs 155,800 workers at 1,500 stores and 2,200 at its Troy headquarters, according to Ferry.
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All together now…
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