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Hudson's Bay managers will get up to $3 million in bonuses, but workers get no severance (www.cbc.ca)
submitted 6 days ago by ValueSubtracted@startrek.website to c/canada@lemmy.ca
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[-] abff08f4813c@j4vcdedmiokf56h3ho4t62mlku.srv.us 6 points 6 days ago

From the article:

Thanks for the hat tip.

which will likely result in pennies on the dollar.

Understand that this is the law right now. But laws can be changed. This absolutely should not be legal. These hardworking folks should not have to settle for "pennies on the dollar" when mgmt can still afford to pay out $3 mil of retention bonuses.

[-] pinball_wizard@lemmy.zip 4 points 6 days ago* (last edited 6 days ago)

Yes. The laws can be fixed.

Workers should be at the front of the line legally dividing up company assets.

The job may be gone, but folks could at least drive home with a work truck or a set of office chairs.

[-] HellsBelle@sh.itjust.works 2 points 5 days ago

When investors and leadership are considered kings, and workers are peons, this is what happens.

this post was submitted on 26 Mar 2025
133 points (100.0% liked)

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