Hudson’s Bay to lay off 89% of employees amid CCAA proceedings

finance.yahoo.com/news/hudson-bay-lay-off-89-120329593.html

Canada’s Hudson’s Bay Company is planning to lay off 8,347 employees, or 89% of its workforce, by 1 June 2025.
In a motion filed on 26 May 2025, Hudson’s Bay stated that employees “will be paid their accrued vacation pay as at their date of termination, however, the company does not…

This story appeared on finance.yahoo.com, 2025-05-28 12:03:29.
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