Hudson's Bay Doin' the Most: 8.3K Jobs Gone, Benefits Cut?! 💀
Hudson’s Bay says 8,300 workers to be out of a job by June: court docs. Major L for Hudson's Bay employees. Over 8,300 peeps are gettin' the boot by June 1st. No severance, but they'll get their vacation pay. Disability benefits and retiree perks are also gettin' Thanos snapped. HBC filed for bankru
TL:DR
Major L for Hudson's Bay employees. Over 8,300 peeps are gettin' the boot by June 1st. No severance, but they'll get their vacation pay. Disability benefits and retiree perks are also gettin' Thanos snapped. HBC filed for bankruptcy protection. This is not the vibe.
The Tea is Piping Hot ☕
Okay, fam, listen up 'cause this is some serious corporate shade. Hudson's Bay is straight-up dropping a bomb on its employees. Like, a whole 8,300+ workers are gonna be jobless by June 1st. That's a major oof, no cap.
And the deets keep gettin' worse. After June 1st, about 1,000 staffers will stick around for a couple weeks to pack up the stores, but after June 15th, only like 118 peeps will be left. Talk about a skeleton crew! 💀
But wait, there's more... The company ain't giving out termination or severance packages. They're just like, "Here's your vacation pay, bye Felicia." Brutal. 😭
Even long-term disability benefits are getting axed for a bunch of folks. Like, up to 200 peeps with insured plans will keep getting paid, but 183 others? Nah, their benefits are getting yeeted into the abyss. And don't even get me started on the 2,200 retirees who just lost their health, dental, and life insurance. That's cold, HBC, cold.
Why all this madness? Apparently, Hudson's Bay filed for bankruptcy protection back in March. They're trying to trigger some federal program to help employees get some benefits, and they're maybe thinking about setting up a hardship fund. But honestly, it feels like too little, too late.
All 96 stores across Canada are closing by June 1st. Meanwhile, Unifor, the union repping some of the workers, is calling HBC out, saying they need to honor their agreements. Solidarity rallies are being planned, so stay tuned for more updates on this dumpster fire. 🔥
Abbreviations Glossary
| Abbreviation | Full Form |
|---|---|
| Doin' the most | Being extra; over the top |
| L | Loss, bad situation |
| No cap | Seriously, no lie |
| Deets | Details |
| Oof | Expression of shock or dismay |
| Bye Felicia | Dismissive way of saying goodbye |
| Yeeted | To throw something with force |