The payouts are coming amid pressure from worker advocacy groups and high-profile politicians like Sen. Bernie Sanders (D-Vt.), who raised hackles over the fact that Toys ‘R’ Us did not provide severance payments for its rank-and-file workers.
The groups likewise have been calling out Solus Alternative Asset Management, Angelo Gordon and Vornado Realty Trust — the other Toys ‘R’ Us owners, who have declined to contribute to the fund.
The worker groups, including Rise Up Retail, estimated that the 64,000 toy workers were entitled to $75 million in severance based on their years of service.
But just 19,000 workers have been deemed eligible for the hardship fund, a spokeswoman for the groups, Haley Scott, told The Post.
It appears that most Toys R Us employees will get nothing.
if any former Joplin Toys R Us employees have received anything or have heard anything about severance payments, leave a comment or contact the Turner Report at rturner229@hotmail.com
Severance pay for working at a bankrupt toy store? It isn't like they showed up to work one day and the doors were locked. They k ow for months that the company was going under and made the choice to stay on board. Don't get me wrong, it would be nice if they were given something for their service, but is it really news that most won't get anything?
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