Workers Are Pushing for Their Share of U.S. Bankruptcy Payouts
- From Wall Street to Congress, employee concerns gain traction
- Toys “R” Us collapse highlighted vulnerability in bankruptcy
A Toys 'R' Us store in Times Square in New York.
Photographer: Jeenah Moon/BloombergThis article is for subscribers only.
Workers can lose everything when their employer files for bankruptcy. At least for now.
A pro-labor movement sparked by the employees of Toys “R” Us Inc., and taken up by Sears Holdings Corp., has reached the U.S. Congress.