Settings

Home Site
Notification
Push Notifications
Contact Us
White Plains Daily Voice serves White Plains, NY

Menu

White Plains Daily Voice serves White Plains, NY

Nearby Towns

business

Judge Tells A&P To Divert Managers' Incentive Pay For Severance

U.S. Bankruptcy Court Judge Robert Drain insisted that a chunk of money the A&P supermarket chain had put aside for 'key workers' be diverted to roughly 25,000 former employees as severance pay.
U.S. Bankruptcy Court Judge Robert Drain insisted that a chunk of money the A&P supermarket chain had put aside for 'key workers' be diverted to roughly 25,000 former employees as severance pay. Photo Credit: File

U.S. Bankruptcy Court Judge Robert Drain suggested that a chunk of incentive pay set aside for managers of the A&P supermarket chain be diverted to severance pay for all of the employees, reports the Poughkeepsie Journal.

Drain felt that $1.1 million of the $5 million fund should be diverted towards roughly 25,000 workers.

The judge was quoted as saying that he was being asked to 'poke [each worker] in the eye' if he approved the $5 million fund, according to the Journal.

A&P had earmarked the money for 'key workers' in their bankruptcy reorganization.

Click here to read the rest of the Poughkeepsie Journal article.

to sign up for Daily Voice's free daily emails and news alerts.

Welcome to

White Plains Daily Voice!

This is a one time message inviting you to keep in touch

Get important news about your town as it happens.