– money families urgently needed. Meanwhile, large corporations that drove job losses in our state like Walmart, Bed Bath & Beyond, and Nieman Marcus had received millions of dollars in tax benefits and subsidies.Originally intended to go into effect in July 2020, the law was put on hold indefinitely as state leaders did all they could to prioritize emergency services and stabilize the economy.
One thing has remained consistent before, during and now as we emerge from the pandemic: Wall Street greed. We know that corporate executives and Wall Street billionaires will continue to juice profits for shareholders on the backs of working families if they’re allowed to. That’s why we can’t wait another day to shore up protections for workers facing mass layoffs, and that’s why I plan to testify at the hearing. The closing of two Walmart stores in our state since the beginning of the pandemic is proof-positive of how we need to make sure New Jersey’s working families have the support and protection they need.
We cannot allow any more of New Jersey’s essential workers to face mass layoffs alone and without support. Our lawmakers have an obligation to pass S3162 and lift the moratorium on implementation, unpausing the Guaranteed Severance Pay Law and getting workers the relief they deserve.and a former Walmart associate who worked at the company for 5 ½ years. She lives in Middlesex.
'...our lawmakers have a duty to hold business owners, investors and corporate executives accountable for the jobs they destroy and the communities they devastate.' The same standard should apply to politicians who caused the lockdown mess which led to all the jobs lost.