By Tara Deschamps
New court documents say more than 8,300 workers will have lost their job and some benefits by the time Hudson’s Bay closes all of its stores on June 1.
The job cuts will leave about 1,000 staff to work two additional weeks to let people pick up furniture and fixtures they bought and help the retailer vacate its properties.
After June 15, about 118 employees will remain with 50 dedicated to the company’s retail operations, 58 in its corporate division and 10 at distribution centers.
The filings made in the retailer’s creditor protection case show workers will not get termination or severance packages but will collect accrued vacation pay based on their last day of work.
The documents say up to 200 former and current employees with insured long-term disability plans will continue to receive payments from Manulife beyond June 15, but the 183 receiving other long-term disability benefits will see their coverage terminated.
Also ending is a package of post-retirement health, dental and life insurance benefits which about 2,200 retirees received.
