Thread regarding Bed Bath & Beyond layoffs

BBB is rapidly losing value

I know there are a million factors that impact the stock prices, but in this case it's hard not so se the direct link between BBB’s poor performing and the decline of it’s stock. So we are in free fall, without a question. However, I can’t say that I’m surprised, giving that BBB failed to find any productive way to make any significant boost in revenue, and that the only idea of how to save money is laying of store workers and SMs, and introducing a bigger number of part-timers. It was a matter of time before this hit us on the head, and just wondering what will happen when the Q3 results are announced. Brace yourselves!

https://www.cnbc.com/2018/09/27/bed-bath--beyond-loses-a-fifth-of-its-value-as-sales-struggle-to-grow.html

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