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Reports of Cuts at Sears: Sears, Roebuck...

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From Times Staff and Wire Reports

Reports of Cuts at Sears: Sears, Roebuck & Co. plans to eliminate thousands of jobs in the coming months to help cut costs and improve profits, according to a Wall Street Journal story. The Chicago-based retailer would not confirm the report. The move, involving administrative and retail employees, is expected to result in annual savings of more than $100 million, the Journal said.

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