Thread regarding Bed Bath & Beyond layoffs

New CEO

Today BBB will have a new CEO announced. Sona Chawla former President of Kohl’s. Change can be good. Anyone would be better than Steve Temares and his horrible leadership he provided for many years. The company is getting rid of inventory dollars with our aged clearance sales and now liquidation process. We will be much more attractive to be purchased down the road.

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Post ID: @11kw3FEq

9 replies (most recent on top)

She will never sign onto bbb

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Post ID: @11kw3FEq-1hxd

This is a joke. The new CEO will be announced in the next few weeks (as per the earnings call today). And it’s not that last from khols.

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Post ID: @11kw3FEq-1msq

She brings no value. She didnt bring any to Kohls. Kohls did not profit in her time there, so many people got laid off, share price cut in half. I know first hand I work in Corp near here and attended all her town halls and she did not do anything for the company besides get passed up for the CEO job. Dont expect much besides a golden parachute for when she gets let go for not getting the company back together. Sorry.

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Post ID: @11kw3FEq-1axd

You’re right, it wasn’t “announced,” it was told to the ASM’s in private. Call it what you want, but it is the sad reality.

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Post ID: @11kw3FEq-1ohz

That's BS...announcements like that aren't made.

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Post ID: @11kw3FEq-1dhv

Florida is terminating all assistant store managers as of 12/1/19. Just announced in store today. Not being replaced.

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Post ID: @11kw3FEq-1wvd

So the person who ran Kohls into the ground is going to come 'save' BBB?

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Post ID: @11kw3FEq-mnb

https://www.forbes.com/sites/warrenshoulberg/2019/10/01/a-new-bed-bath–beyond-ceo-might-be-announced-wednesday-could-it-be-a-former-kohls-exec/

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Post ID: @11kw3FEq-osd

It will be interesting what her salary will be since Steve was making 16 million.
Hoping for the best for the future of BBB.

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Post ID: @11kw3FEq-omx

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