$20 million fund set aside for laid-off Toys R Us workers

Thousands of former Toys R Us workers will receive severance payments from a new $20 million fund.

The move is considered rare among private-equity-backed companies that file for bankruptcy. Even so, the amount pledged is well below the $75 million a workers rights group says those who lost their jobs are owed.

Bain Capital and Kohlberg Kravis Roberts…