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Over his nine month tenure, Perdue earned $1.7 million while 7,600 plus Pillowtex employees would soon be laid off
Perdue made upwards of $50 million over his tenure of displacing jobs through Dollar General while profits shrunk, then was hit with a series of lawsuits from shareholders
ATLANTA — New reporting by Mother Jones detailed Senator David Perdue’s pattern of displacing workers across the country before abruptly leaving his executive roles only to be sued for his possible “profiteering.” Perdue’s experience outsourcing jobs banked him an executive position at Pillowtex, where his failed leadership as a “seemingly absent boss” earned him $1.7 million before more than 7,600 employees lost their jobs when the company shuttered.
During Perdue’s tenure at Dollar General, he received pay bumps, stock options, and contract extensions, then “lined his own pockets as part of a leveraged buyout deal” and “shortchang[ed] shareholders.” Multiple class-action lawsuits brought by managers claimed Perdue misclassified labor and violated the law, and Dollar General and others’ predatory business model has preyed on low-income and rural communities and has been repeatedly documented for aggressive union-busting, depressing wages, pricing out local small businesses, and even violence.
“Once again, Perdue has shown to only be out for himself, willing to cut American jobs so he can get a big paycheck,” said Braxton Brewington, spokesman for the Democratic Party of Georgia. “Perdue’s failed leadership didn’t begin with his corrupt stock trades in Washington – he’s spent his business career getting rich while hardworking employees who depended on him got laid off.”
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