Hudson’s Bay to close Burlington Centre location in June
What’s happening at Hudson’s Bay?
Hudson’s Bay is preparing to close its long-standing location at Burlington Centre.
Spokesperson Tiffany Bourré told news outlets, including Global News, that the retail giant considered the size of Burlington and the proximity of its Mapleview location when making the decision.
“[The Hudson’s Bay Company] continually looks at opportunities to optimize its real estate portfolio,” Bourré said.
“Given the proximity of Burlington Centre just 3.5 [kilometres] to Mapleview Shopping Centre, Hudson’s Bay has made the decision to not renew its lease and close its Burlington Centre location in June 2024.”
She added that the company will “where feasible” work with staff who are seeking transfer opportunities.
Hudson’s Bay has been a fixture at Burlington Centre since 1991. The company took over the space that was previously occupied by Sears.
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Store closure amid major layoffs
As Hudson’s Bay prepares to shutter its location at Burlington Centre, there has been a flurry of layoffs to kick off 2024.
Big names, including IBM, Electronic Arts, Rivian, Sony, Vice Media, BuzzFeed, Nike, Cisco, Catalent, BlackBerry, PayPal, UPS, and Microsoft, have pulled out the axe as they continue to navigate challenging economic conditions.
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• Shell to lay off 20% of deals division, part of restructuring
• Walmart Canada cuts jobs amid restructuring, shift to Spark: Reports
• Where are layoffs happening in Canada?
Termination agreements for employees at Hudson’s Bay
In Canada, non-unionized employees at Hudson’s Bay are owed full severance pay when they lose their jobs due to downsizing, corporate restructuring, or the closure of the business.
This includes individuals working full-time, part-time, or hourly in Ontario, Alberta, and B.C.
People working “on contract” or as a contractor may also be owed severance pay — given that many employees in Canada are often misclassified as independent contractors.
Severance can be as much as 24 months’ pay, depending on a number of factors.
WATCH: Employment lawyer Lior Samfiru explains why you are still owed severance if you have been downsized on an episode of the Employment Law Show.
Before accepting a severance offer, double-check the amount using our firm’s free Severance Pay Calculator. It has helped millions of Canadians determine their entitlements.
In addition to your salary, make sure to factor in any other elements of your compensation (i.e. bonuses, commission, etc.).
If your employer’s offer falls short of what our Severance Pay Calculator says you are owed, it’s very likely that you have been wrongfully dismissed and should seek legal counsel.
Non-unionized employees in Canada have up to two years from the date of their dismissal to pursue proper severance pay.
LEARN MORE
• Rights to severance for provincially regulated employees
• Severance packages during mass layoffs
• Severance entitlements in a recession
Lost your job? Talk to an employment lawyer
If you have been fired or let go for any reason, contact the experienced employment law team at Samfiru Tumarkin LLP.
Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized individuals.
In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:
If you are a non-unionized employee who needs help with a workplace issue, contact us or call 1-855-821-5900 to get the advice you need and the compensation you deserve.