Tuesday, February 21, 2012

Sears Announces Layoffs In Illinois After The State Gave It Millions In Subsidies

Sears Announces Layoffs In Illinois After The State Gave It Millions In Subsidies: pJust a few months ago, Illinois gave retail giant Sears $275 million to keep its corporate headquarters in the state, after Sears threatened to move elsewhere (including, potentially, Ohio). To show its appreciation for receiving millions in taxpayer funds, as Greg Leroy pointed out at the Clawback blog, Sears announced last week that it will [...]/p