Toys R Us Severance fund established

[Lakewood90712]

https://www.cnbc.com/2018/11/20/bain-and-kkr-establish-a-severance-fund-for-toys-r-us-workers.html

Prob. will not be much, but better than nothing .

 

[joeea]

So some of the 31,000 workers who lost their job will get a few hundred dollars each.

Yippee.

As a reminder, Toys R Us gave executives $8M in bonuses just a week before it filed for bankruptcy.

 

[Texas Proud]

So some of the 31,000 workers who lost their job will get a few hundred dollars each.

Yippee.

As a reminder, Toys R Us gave executives $8M in bonuses just a week before it filed for bankruptcy.

Which could be clawed back in I am not mistaken...