Friday, February 17, 2012

Sears lays off 100 at Illinois headquarters - received millions in tax credits to stay in Illinois

" The spokesman said the job cuts did not violate the terms of a $150 million tax credit for Sears approved by the Illinois Legislature and Gov. Pat Quinn in December after the company threatened to move its headquarters out of Illinois. Still, the announcement triggered more criticism of the incentives deal and the lawmakers who passed it from those who opposed it from the start."

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