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Hudson's Bay Faces Backlash Over Bonuses Amid Layoffs

3/28/2025

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Summary

Story summary

Hudson's Bay Company (HBC) is criticized for granting $3 million in executive bonuses while laying off 200 staff.
Over 9,300 employees face potential job loss, prompting unions to call for bonus reversals.
Legal proceedings could delay efforts to save six stores from liquidation.
Employees are worried about unpaid severance and possible pension risks.

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Story summary

Hudson's Bay Company (HBC) is criticized for granting $3 million in executive bonuses while laying off 200 staff.
Over 9,300 employees face potential job loss, prompting unions to call for bonus reversals.
Legal proceedings could delay efforts to save six stores from liquidation.
Employees are worried about unpaid severance and possible pension risks.