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Libbey controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    Executive bonuses during pandemic-era financial distress

    Libbey awarded more than $3 million in aggregate bonuses to executives before filing for Chapter 11, while the company also reduced pay, furloughed employees, suspended its 401(k) match, and pursued other workforce savings. The payments attracted criticism because they occurred shortly before a major bankruptcy restructuring.