150 Employees Will Be Laid Off At Bed Bath & Beyond

The retail chain Bed Bath & Beyond is slated to lay off 150 employees. The employees that will be laid off are store managers and support team members.

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It is not certain if these lay off is from the lack of sales or if they are trying to improve in areas they are having trouble in. But Bed Bath & Beyond did, in fact, have 7 consecutive quarters of declining sales.

According to CNBC, Bed Bath & Beyond is planning to replace their entire 12-person board.

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Categories: Money

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