Hudson’s Bay will have terminated more than 8,000 employees by June 1
- Hudson's Bay announced it will have terminated over 8,300 employees by June 1 as it closes all 96 Canadian stores.
- The layoffs follow Hudson's Bay filing for creditor protection in March due to cash flow issues worsened by pandemic recovery and lower downtown traffic.
- The company is transferring its intellectual property rights to Canadian Tire in a $30 million deal and has started closing its stores, with remaining staff helping to manage the shutdown process.
- Hudson's Bay will eliminate 89% of its workforce by June 1 and plans to terminate about 899 more employees around June 15, with no severance pay but accrued vacation paid.
- Unifor urges Hudson's Bay to honor severance obligations and raise the Wage Earner Protection Program cap, while the company explores a hardship fund for affected employees.
42 Articles
42 Articles
Hudson's Bay to lay off more than 8,300 employees by June 1
Hudson's Bay will lay off more than 8,300 employees by June 1, according to documents published Monday evening, at which point the retailer will have closed all its stores and its liquidation sale will have run its course.

Hudson's Bay says 8,300 workers to be out of a job by June: court docs
More than 8,300 workers will have lost their job and some benefits by the time Hudson's Bay closes all of its stores at the start of June, new court documents filed by the collapsing retailer say. The cut will span the majority of the 9,364 workers at Canada's oldest company and form one of the coun...
Hudson’s Bay to lay off over 8,300 employees as retailer closes most stores by June 1
Hudson’s Bay Company, Canada’s oldest retailer, is set to terminate 8,347 employees — approximately 89% of its workforce — by June 1, 2025, as it proceeds with the closure of 96 stores nationwide. This move follows the company’s filing for creditor protection in March 2025 under the Companies’ Creditors Arrangement Act (CCAA), citing financial challenges exacerbated by declining consumer spending and post-pandemic retail shifts.
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