Hudson’s Bay will have terminated more than 8,000 employees by June 1
- Hudson's Bay will have terminated over 8,300 employees by June 1 as it closes all 96 stores across Canada.
- The terminations follow Hudson's Bay filing for creditor protection in March due to unpaid bills and an inability to secure funding amid pandemic recovery challenges.
- The company sold its intellectual property, including its brand and iconic stripes, to Canadian Tire and plans to end most employee benefits by mid-June.
- Hudson's Bay stated it will terminate 8,347 employees by June 1 and an additional 899 on June 15, with workers receiving accrued vacation pay but no severance payments.
- The company is seeking Wage Earner Protection Program assistance for employees and exploring a hardship fund, while unions push for improved severance and benefits.
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61 Articles

Hudson’s Bay stores will fade into history this weekend. What will the mall of the future look like after demise of Canada’s oldest company?
Liquidation of remaining merchandise is expected to wrap up by June 1. According to court documents, more than 8,300 Hudson’s Bay employees could be out of work by June 1, plus another 900 who will be terminated by June 15.
Hudson's Bay stores will fade into history this weekend. What will the mall of the future look like after demise of Canada's oldest company?
Liquidation of remaining merchandise is expected to wrap up by June 1. According to court documents, more than 8,300 Hudson’s Bay employees could be out of work by June 1, plus another 900 who will be terminated by June 15.
Hudson's Bay to lay off more than 8,300 employees by June 1
Hudson's Bay will lay off more than 8,300 employees by June 1, according to documents published Monday evening, at which point the retailer will have closed all its stores and its liquidation sale will have run its course.
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