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Sunshine (she/her)@lemmy.ca to Canada@lemmy.caEnglish · 9 months ago

CLC statement: Hudson’s Bay hands $3M to executives and no severance to workers

canadianlabour.ca

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CLC statement: Hudson’s Bay hands $3M to executives and no severance to workers

canadianlabour.ca

Sunshine (she/her)@lemmy.ca to Canada@lemmy.caEnglish · 9 months ago
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CLC statement: Hudson’s Bay hands $3M to executives and no severance to workers | Canadian Labour Congress
canadianlabour.ca
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Hudson’s Bay’s financial crisis cannot and must not come at the expense of its workers. With more than 9,300 jobs on the line, it is unacceptable that HBC is choosing to funnel up to $3 million in bonuses to executives and managers while denying severance to the very workers who built the company. Canada’s unions stand in full solidarity with HBC workers and demand that the company reverse course immediately. This is not restructuring, it’s a betrayal. No executive should be pocketing bonuses while workers are left without a safety net. HBC must honour its responsibilities to its workers, including...
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  • kent_eh@lemmy.ca
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    9 months ago

    ‘Millions to executives, nothing to workers’ is standard business practice in the current century.

  • HikingVet@lemmy.ca
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    9 months ago

    Severance should be taken by force at this point.

  • wise_pancake@lemmy.ca
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    9 months ago

    The government should step in, how is this legal or allowed (those are two different thresholds).

  • twopi@lemmy.ca
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    9 months ago

    We need another Luigi.

  • rekabis@lemmy.ca
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    9 months ago

    This is how the Parasite Class gets ever-wealthier while the Working Class (the lower-99%) get ever-poorer.

  • sik0fewl@lemmy.ca
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    9 months ago

    Ladies and gentleman… Capitalism!

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