Whenever you think there will be no layoffs/job-cuts/RIFs they change the approach. Now all people are talking about job cuts in Union.
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Topics regarding layoffs at Bed Bath & Beyond
The downfall for Bed Bath has not been Amazon but forgetting their core values. In chasing Omni Channel they forgot the 85% of total sales in the stores. Replaced managers that cared and drove business with cheaper hours and replaced what is in the... read more
So half way with the severance and no job as of yet! Interviews yes but the money that has been offered is $12,000. to $20,000. difference, Gonna stick it out. There has to be something for me! Hope others are employed again. I'm sorry to hear that... read more
They weren't going to rehire anyone they laid off in 6 months, and the only reason they gave 6 months, was to see if anyone was going to file a EEOC charge against them, that is the allotted time to file. Because of the foolishness that they pulled... read more
Your new CTO was the CIO at my old company. See how he did. https://www.thelayoff.com/follett
Confirmed: spoke with a regional manager, this person said the district staff knew, and that they needed to let go anyone who wasn't going to be promoted right away, and anyone making too much money, and to promote others to asm before layoffs... read more
So, anybody thinking what I am thinking? Huge sales drop that is followed by a huge drop in share prices is not good news for the company, but it's even worse news for us. We've seen the thinking of Bed Bath and Beyond leadership in the past months:... read more
If you thought BBB was done after the department management layoff initiative in August 2017, expect more. Store managers (particulairy tenured) can be expected to be given their hat and shown the door soon after the holiday season at the first of... read more
So besides messing up the early paycheck debacle now it's taken them 3 weeks to figure out how much COBRA subsidy they are willing to co pay. Right Management is also a poor attempt at saving face ... nice try but very poor execution.
Worked for the company for many years and they are struggling partly because the company bought back billions of shares, at the expensive of many being layed off, just to enrich themselves. They can't make up the shortfall on wall street, even by... read more
I worked for BBBY for more than 8 years and got out more than a year ago. New management team was hired to implement new initiatives more than 5 years ago. 5 years after, they have done nothing but screw the company by hiring more than 50 highly paid... read more
My manager told us at our morning meeting that this round is likely not the last round of layoffs. This was said with district and regional staff in attendance. If you survived the initial layoffs, and you're management, be prepared for what could be... read more
That's the rumor. May be way off, but we should be prepared. Do you know how likely is it that a private equity company is to scoop us up?
[See more here: https://unethicalfiring.com/about/ ] - Neil Harrison has dedicated his career to exposing corruption and unethical business practices, and standing up for those who have been mistreated. From his fight against the unethical firings at... read more
It seems that this round of layoffs was just the beginning for Bed Bath and Beyond... The company is renegotiating its soon to expire leases, and depending on deals it can or can't make, planning to close up to 100 stores... read more
Well thank you to the CEO of bed bath and beyond ( Steven H. Temares ) well what do we have to say about the CEO !!! that you... you s---, thank you for driving the business down the ground, you Have no respect to the management staff that works at... read more
All the battleworn left behind are wondering who or what level is next. Very hard to get back to whatever normal is now esp as there has been no communication from anyone Dist or Reg. Zero. We are all traumatized at what just happened and now come... read more
This is an excellent article on how hard it can be for older workers to prove bias.
To say that BBB isn't growing or "expanding" is to ignore the recent corporate acquisitions of three companies, Personalization Mall - an online retailer for $190million, Decorist - an online interior design service, and Chef Central - specialty... read more
Does signing the severance agreement mean that we are not entitled to any monies paid from current class action lawsuits? I believe Bed Bath and Beyond is currently being sued for not claiming assistants exempt from overtime and by not paying time... read more
Important information, if anyone was enrolled in the FSA with benefits, submit your receipts ASAP ( like this weekend). If you submit receipts that are dated before your termination date, they will pay out up to your maximum for the total year. Extra... read more
I spoke to an employment attorney yesterday regarding signing the agreement not to sue in exchange for getting the severance package. She said she has represented former BBB employees before, their employment attorneys are very savvy, and it's very... read more
First, I want to say to those who were blindsided by the massive layoffs, I'm so sorry! I pray that better opportunities come your way. Now, the return policy. We have customers return old coffee makers, toasters, blenders etc.. to the point where... read more
I knew many department managers that were skipped over when an upper management position became available. Instead they would hire from outside. Which is funny, since the first few sections of the handbook boasts about how they promote from within... read more
Coupon policy needs to be reworked and returns are out of control. We are known as Bed Bath and Borrow. While other factors were involved, this is one of the biggest reasons we have been failing lately. I don't think that anybody has such lax return... read more
California location - While on vacation a deposit was made it to my account from BBB... I'm an ASM was with this company 7 years...Spent most of my time working to be a successful ASM...IT'S a VERY SAD WEEK for all BBB DEPT. MGR's, ASM's and anyone... read more
Of course we are all pissed off about what happened, but let's recognize it for what it is, that the company saw a way to save money. This had nothing to do with executive salaries and field office staffing levels. Each of us need to get over this... read more
The why? Once again the greed of a company becomes the most important thing. 2 months to 5 years of service with bed bath, 17 years of total experience let go because the millionaire need more millions. This is only the beginning for this company... read more
0509 was one of the few stores that wasn't hit by the layoffs. Seriously in shock and a little worried actually. I'm not a manager but JCPenney went down the same way. Hoping i still have a job in a year.
Has anyone had a lawyer look at their severance paperwork? Anything to note? I'm still waiting for mine to arrive in the mail.
Has anyone filed yet? What are the steps? I'll look online for details but wanted to see if someone had tips here....
Has anyone gotten the phone call that was promised from company to help us yet? I was told that we would receive the call today!
119, 358, 1104 all got hit - I am not well informed but based on the comments below it looks like layoffs are company-wide - BBB will certainly save a ton of money by not paying those managers that have been there for years. While they may save money... read more
Blick Art Materials has management opportunities available in multiple cities. www.dickblick.com/careers
I made a comment here yesterday and I don't see it anymore. Did someone remove it?
My BBB store located in small college town. Our turnover rate with the college kids close to 90%. A lot of them didn't think they would actually have to work. Axed 2 floor Mgrs. out of 3 - watching all that knowledge with close to 20 yrs. between... read more
Not all Department Managers was Laid off last Thursday, They still have lots of them in differents stores with differents roles that they don't even think in remove or laid off. Position was eliminated just for about 900. They are now recruiting... read more
This is a business .. it is about money. I've been watching managers drop out and be replaced by non expierienced hourlys for pennies on the dollar for a few years now. I've watched as payroll for stores has been bare boned. Is it savy to eliminate... read more