US EditionHudson's Bay managers will get up to $3 million in bonuses, but workers get no severance
Summary by CBC News
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11 Articles
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$3 million in bonuses for Hudson’s Bay executives and managers amid liquidation
As Hudson’s Bay continues to work through liquidation and restructuring plans in an Ontario court, documents have revealed that the department store plans to pay up to $3 million in retention bonuses to some managers and executives.
·Toronto, Canada
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Hudson's Bay managers will get up to $3 million in bonuses, but workers get no severance
The beleaguered Hudson's Bay Co., which plans to close most of its 96 stores by the end of June, will pay up to $3 million total in retention bonuses to 121 managers and executives — but will not pay severance to its more than 9,300 workers, most of whom will soon lose their jobs.
·Canada
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Coverage Details
Total News Sources11
Leaning Left1Leaning Right1Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
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