.

Crain's Reports Layoffs Coming for Companies Including Walgreens and Sun-Times Media

Nearly 1,200 jobs could be lost at prominent companies.

Nine companies are reportedly preparing for nearly 1,200 layoffs throughout Illinois, including Walgreen's, Kmart and Sun-Times Media, according to Crain's Chicago Business.

Deerfield-based Walgreen's, which reported strong January sales due to the bad flu season, will reportedly lay off 65 warehouse workers in west suburban Berkeley. Kmart, part of Hoffman Estates-based Sears Holdings Corp., plans to lay off 98 employees when it closes a Naperville store in the spring, reported Crain's.

Sun-Times Media, publisher of the Chicago Sun-Times and other suburban papers, warns that 274 jobs in Glenview, Tinley Park and Aurora could be eliminated due to consolidation.

McCloud February 06, 2013 at 12:25 AM
Yeah, I think we all are desperate, after 4Q reduction in GDP and now this story. http://www.breitbart.com/Big-Government/2013/02/05/CBO-2013-Forecast-Unemployment-GDP-Health-Insurance
RB IS CLUELESS February 06, 2013 at 12:32 AM
President Obama's health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday. Read more: http://www.washingtontimes.com/blog/inside-politics/2013/feb/5/obama-health-law-will-cost-7-million/#ixzz2K4g2Ivat Follow us: @washtimes on Twitter
RB February 06, 2013 at 01:31 AM
You're picking and choosing data....this is from Bloomberg today which you fail to mention. About 27 million people are expected to gain coverage by 2017, according to a report today from the Congressional Budget Office. The CBO had projected when the law passed in 2010 that 32 million uninsured people would be on a health plan within a decade, and a year later raised its estimate to 34 million.
Fifteen Year Grayslake Resident February 06, 2013 at 01:58 PM
These layoffs are by two struggling companies and one that is facing a huge short-term revenue loss due to the Express Scripts debacle. Difficult for the affected workers to be sure. But these layoffs are a drop in the bucket compared to the impact that reducing gov't spending has and will continue to have. And it has to be done to get the deficit under control. Waiting a few more months to let the economy strengthen is useless when you are going to turn around and take 10s or hundreds of billion in Federal spending out of the economy. We need to get on with it.
George February 11, 2013 at 08:51 PM
Boycott Walgreens: They get a 46million dollar tax break to create jobs in Illinois while at the same time outsourcing 200+ high end IT/Networking jobs from Mt. Prospect, Deerfield and Lincolnshire to India Company (TCS Tata Consulting Services). Illinois should revoke the tax break and Illinois consumers should exercise some responsibility and Boycott this company into the ground where they are driving their employees!

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »