Thread regarding Sears layoffs

Can anyone that works in Sears accounting speak on here about how bad it is?

Like I'm wondering how late are payments to vendors? How close to shutting down is Sears? How little do they have left in ability to make payments to vendors?

Thanks

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MBJjnBz is Hailey from Business insider. lol

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Can anyone that works at Sears corporate tell us whats is happening? Like are vendors getting paid on time.

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There are accounts payable associates also at the corporate office.

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Yep, I can vouch for that. I used to do office work, part of which was keying invoices. Whenever there was an issue, which was quite often, it often involved a whole game of email-tag with a bunch of obviously Indian staff.

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Are you kidding me? Accounts payable is in India?

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Accounts Payable is located at Sears India.

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I wish someone that works in the corp office would start spilling the beans.

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Nope.

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y'all gots to be joking if'n you expect a "real" answer

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The info is all in the 10K.. cash on hand and open against to borrow or whatever it is called.

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can you tell us who do you work for?

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