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Bricks And Shutters - Company Operations - Brief Article

Industry Standard, The,  Jan 15, 2001  by Alex Lash

Layoffs and closings moved to the old economy, as Sears, Roebuck said it would close 89 stores and cut 2,400 jobs. Not far behind, Office Depot is closing 70 outlets and cutting 10 percent of its sales force. And at week's end, General Motors said it was cutting production at 11 plants; 32,000 workers will be affected.

COPYRIGHT 2001 Standard Media International
COPYRIGHT 2001 Gale Group