USA: 1200 workers face redundancy in Kmart selloff

[UpInArms]

http://www.just-food.com/news_detail.asp?art=58441

Up to 1200 store staff employed by US supermarket operator Kmart face redundancy as Home Depot takes over 13 properties following an early summer agreement.

Beleaguered Kmart has been struggling back from Chapter 11 bankruptcy protection, from which it emerged in spring of 2003. The employees affected by the Home Depot buy will not receive severance pay, although Kmart spokesman Steve Pagnani said they will be given benefits to which they are entitled, such as vacation days they have not yet taken.

...more...

this very short article goes on to state that an additional 5,000 jobs will be eliminated in the spring of 2005.

[htuttle]

1. 'Redundancy' will be the least of their problems

What they'll really be facing after layoff is the prospect of homelessness, hunger and despair.