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Hudson’s Bay will terminate more than 8,000 employees, close stores by Sunday

More than 8,000 Hudson’s Bay employees will be out of work by June 1 as Canada’s oldest company closes its doors following the completion of its liquidation sale.

Hudson’s Bay filed a motion on Monday stating that it will have terminated 8,347 employees, or 89 percent of its workforce, by June 1, most of whom work in retail stores that are set to shutter on that day.

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