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Re: Sears Continues To Shaft Their Ex-Employees

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George Plimpton

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Oct 9, 2017, 4:04:54 PM10/9/17
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On 09 Oct 2017, TomP <nos...@nospam.com> posted some
news:org2vt$5oc$1...@gioia.aioe.org:

>
>> ======================================================================
>> ================================================== Of course the
>> executives gave themselves bonuses. I continue to boycott Sears.
>>
>> ---
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>>
>
> I thought you supported the Conservative Party of big business?
> You sound like an NDPer.
>
> https://www.ndp.ca/news/ndp-sears-must-pay-workers-instead-bonuses
>
> NDP: Sears must pay workers instead of bonuses
>
> OTTAWA – New Democrats are calling on Sears Canada to halt bonuses
> for executives and instead pay the severance due to laid-off workers.
> Consecutive Conservative and Liberal governments have failed to fix
> the legislation that allows companies like Sears to pay top executives
> a bonus instead of paying severance due to workers when facing
> bankruptcy.
>
> --> “This is shameful and obscene. How does Sears justify paying
> performance bonuses to top executives of a company that is filing for
> bankruptcy?” asked Scott Duvall, NDP Pensions Critic. “That money
> should be going to the thousands of workers who have just lost their
> jobs.” <--
>
> Sears Canada will pay $7.6 million in bonuses to 43 executives while
> 2,900 employees are laid off without severance. Like other large
> multinational corporations, Sears is permitted under Canada’s
> bankruptcy laws, to pay big bonuses to their executives instead of
> being forced to pay severance of the workers the company has laid-off.
>
> --> “This government loves to talk about the middle class but time
> and again they put corporations first and then ask Canadian workers to
> settle for less. That’s unacceptable,” added Karine Trudel, NDP
> Deputy Labour Critic. “Canadians can count on New Democrats to keep
> fighting so that corporations can’t steal the severances their
> workers have earned.”<--

How very liberal of them.
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