Employment Law

The Last Time Corporate Survival Trumps Workers’ Rights: Huffington Post

Sears Canada Bankruptcy

One of our country’s longest-running commercial retailers — Sears Canada Inc. — has announced that it will seek court approval to liquidate all of the company’s remaining assets, leaving a staggeringly large number of Sears employees wondering what they will have to show for the years of service they gave to the company. The answer, for many, is nothing, and considering how many employees have been and will be impacted by these bankruptcy proceedings, one is compelled to ask how it is possible that this has been allowed to happen.

Now with this most recent announcement, an additional 11,500 employees will be left without a job and without any severance payments to help them survive through what is projected to be a lengthy period of unemployment. Many Sears Canada employees have been with the company for decades, have an outdated resume and now face unemployment in the context of an unfriendly, highly competitive job market.

A Vancouver employment lawyer at Samfiru Tumarkin LLP explained in the Huffington Post why we must make the Sears Canada bankruptcy saga the last time corporate survival trumps employees’ rights.

Read the full commentary by the Vancouver Employment Lawyer in the Huffington Post here.

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