“We knew Bed Bath was in trouble, but we thought we would have at least a couple more years,” said Zaccagna, 50, who started out as a part-time employee and climbed her way to a merchandise supervisor. Zaccagna loved working for Bed Bath & Beyond and said the company treated her well.
There is no federal requirement for severance pay, although some collective bargaining agreements with unions cover severance agreements. Senior executives often have multimillion-dollar severance plans with employers and receive lucrative retention bonuses to stay with companies if they file for bankruptcy. At Bed Bath & Beyond, CEO Sue Gove is eligible for $7.1 million in severance pay and former Bed Bath & Beyond CEO Mark Tritton is suing the company for $6.
Reminds me of Home Depot tragedy Thief from shops is getting more violent What decline has this country gone to? Need heavy hand to crash thief
Corporate had a coupon
That’s just ain’t right.
Yeah and …..
Put it to bed...
It’s America, corporations make all the laws, have our politicians on the take. Never held accountable
I’ve never been paid severance pay, Next!