Booker, Warren Call for Severance Pay and Benefits for Employees Following Bed Bath & Beyond Bankruptcy and Layoffs
July 07, 2023
July 07, 2023
WASHINGTON, July 7 -- Sen. Cory Booker, D-New Jersey, issued the following news release and letter:
U.S. Senators Cory Booker (D-NJ) and Elizabeth Warren (D-MA) sent a letter to Bed Bath & Beyond CEO Sue Gove following reports that the company attempted to avoid paying severance to its workers during the store closings leading up to its bankruptcy after spending more than $11 billion in stock buybacks since 2004.
Following years of declining profits, Bed Bath & . . .
U.S. Senators Cory Booker (D-NJ) and Elizabeth Warren (D-MA) sent a letter to Bed Bath & Beyond CEO Sue Gove following reports that the company attempted to avoid paying severance to its workers during the store closings leading up to its bankruptcy after spending more than $11 billion in stock buybacks since 2004.
Following years of declining profits, Bed Bath & . . .