Enron Bankruptcy
The December 2001 collapse of America's seventh-largest corporation, the largest bankruptcy filing in U.S. history at the time.
Layoffs
2 entries
2 entries
The December 2001 collapse of America's seventh-largest corporation, the largest bankruptcy filing in U.S. history at the time.
Enron's controversial $55-58 million in retention bonuses paid to 500 employees just before bankruptcy, while 4,500 workers lost their jobs and saw retirement savings decimated during a 401(k) lockout.