Toys ‘R’ Us bosses set for £10.5m in bonuses

City Finance Reporter for the Daily Mail

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Incompetance bonus: Bosses at collapsed Toys 'R' Us are set to be paid £10.5m

Incompetance bonus: Bosses at collapsed Toys 'R' Us are set to be paid £10.5m

Incompetance bonus: Bosses at collapsed Toys ‘R’ Us are set to be paid £10.5m

Top bosses at Toys R Us are set to be paid £10.5million in bonuses despite the company going broke and shutting a entertain of its UK stores.

A US judge has ruled that 17 executives can be handed the payouts if they meet opening targets of £410million in sales during the run-up to Christmas. 

Toys R Us pronounced it indispensable to offer bonuses to motivate them.

Toys R Us filed for failure in the US and Canada in September.

The decision to compensate bonuses came despite the US failure watchdog observant Toy R Us bosses warranted some-more than attention rivals.

 


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