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Toys R Us Owners Set Aside Millions Of Dollars For Laid

by stltoday.com posted 2weeks ago 22 views
The workers are owed $75 million in severance pay, according to worker advocacy group Rise Up Retail. : The Toys R Us store at the corner of Watson Road and S. Lindbergh Boulevard is permanently closed. Photo by J.B. Forbes, jforbes@post-dispatch.com Thousands of Toys R Us workers who lost their jobs this year may soon be receiving severance payments, setting a new precedent for private equity-backed companies that file for bankruptcy.