HBC to lay off 210 Toronto employees, some jobs being transferred to St. Louis
October 05, 2012 - 5:55 PM
TORONTO - Canadian retailing giant Hudson's Bay Co. is laying off 210 employees in Toronto as the company moves its information services department to the United States.
HBC says it will transfer 130 jobs from the Canadian information services department to an office in St. Louis, Missouri.
Another 80 jobs will be eliminated.
The layoffs come on top of the thousands of Zellers employees who will lose their jobs at the company as it shutters the majority of its stores, many which will convert to Target stores.
Target purchased the leasehold interests of 189 sites currently operated by Zellers Inc. and it says about $10 million to $11 million will be invested to remodel each facility.
Target has said only that Zellers employees would be encouraged to apply for jobs at their stores, but a Zellers employees' union has launched the Target Fairness campaign to raise awareness about Target's failure to commit to take on Zellers employees.
News from © The Canadian Press, 2012