What day this week are the layoffs happening? Seems Like they always happen on pay days so I guess Thursday. Is it all DMs or other corp staff?
Blue Yonder
Anyone else having problems with logging into Blue Yonder?? Now it’s asking for a customer key but the bbb one we used when first started using Blue Yonder doesn’t work Would love to know my schedule Wonderful systems we have First it the A/C …... — read more
DM’s to go first
Watch out. DM’s in Harmon and Bedbath to be the first to go. Especially if they were recently promoted they will be the first to go. And any senior directors within the company. Valuable source. Happening next week.
Looking for a reason to be positive
It seems that my hopes are in vain that something will change for the better. It's become difficult to even fake a smile. Looks like there's no reason to be optimistic here?
Show of hands
How many of you hope to see Bed Bath and Beyond fail miserably?
Dear Board of directors and interim CEO
Thank you for the action taken last week. Please continue to look closely at the rest of the top leaders. Much more change is needed for us to turn this around.
RGIS is here, it's July
Ok what could that mean, RGIS is here taking pictures and walking the entire store...I'm genuinely worried
New CEO
As much as I would like it, I do not have any expectations that there will be any big change for the better with the new CEO. Any thoughts? What are your expectations?
I remember the good times
I remember when we had realistic schedules and were given appropriate time off. I remember when we weren't constantly overworked due to a staffing shortage. I remember when we were recognized for working hard. Things have changed so drastically, so... — read more
Putting the resume together
Hope y’all using the holiday weekend to get your résumé’s up to date!
Buybuy Baby
There's more talk about selling Buybuy Baby, any ideas about what that'll mean for employees? I know we're bound to see some cuts if that happens, but how bad will it get? Is there anybody here from previously sold segments who can tell us how it... — read more
Why?
Why are people so mean here? Some of us are just trying to get info about an uncertain future and some are sharing their experiences. How does that constitute such nit picking and mean comments? My God people treat each other with just a grain of... — read more
Bed Bath & Beyond is not worth worrying over
What do you get for working here? Bellow industry pay, laughable benefits, too much work, expectations to be at several places at once, incompetent and lazy managers, and so much more. Even if you're laid off, you should look at it as a positive... — read more
It’s funny when stuff started going bad
The original founders lost millions when the whole Bernie Madoff stuff happened. From that point things started to change. The founder’s wife shops with coupons in LI now. I’m hoping for the best but the future looks bleak.
town hall
anyone tune in or hear anything from the virtual thing today? i assume it's just gonna be them repeating everything they released to the press and told us already, but curious if they'll lay out any extra info, give us at least a tiny bit of... — read more
CEO removed, sales on decline: Does Bed Bath & Beyond have a future?
Despite price discounts, the company saw sales drop by 25%, according to its first-quarter financial report. Board of directors member Sue Gove will step up as interim CEO, replacing Mark Tritton, who was previously the chief merchandising officer... — read more
Bed Bath and Beyond Obituary
Soon we will be reading Bed Bath and Beyond’s obituary. How many employees would sign the guest book
I'm much more worried today than I was yesterday
Yesterday, I was overjoyed that we'd be getting a new CEO after Tritton made the mess that he did. Today, I'm worried that this can mean two things: another reorganization or bankruptcy. Either comes with major cuts in costs, which in turn means... — read more
Stock
I’m going to buy a sh-t ton of stock tomorrow. They have a plan and I will make a bunch of money once everything settles down. Mark my words.
Possible Bankruptcy!!!!
We are sooo done!!!
Hmmm
Well I guess that means no July event calendar? Or Maybe Bankrupt Bingo !
Under $5 stock
Love it…still $4.95 more than its worth
Bed, Bath, & Beyond the point of no return?
Three years ago, the new management suite's main mission was to renovate a deteriorating business that still had sturdy foundations. Today, a deteriorating balance sheet makes that task look a lot more... — read more
Certainty
Buy shares in the liquidation company
Bed Bath and Beyond has become a literal hot mess
Analysts there have been dropping in on stores to get a read on what's happening on the ground. It's not looking great. Labor hours and store operating hours have been scaled back, the analysts say. Remodeling projects have been canceled. ... — read more
This is a good thing
Yes, there will probably be some layoffs and it won't be easy but this needed to happen. I'll be honest, I didn't expect it to happen. I've seen CEOs destroy companies without anybody batting an eye, so kudos to the board for this. Let's hope this... — read more
How long before layoffs?
With todays announcement how long do you think we have before mass layoffs - 2 days, 2 weeks or 2 months..
CEO GONE, LAYOFFS NEXT!!!
This is usually how the game is played, they have to come strong with results on how to SAVE money ….
What do we know about Sue Gove?
Considering that chances are low that somebody will be willing to take on the CEO position at this point (unless the company is willing to pony up to the max), she might be at the helm for significantly longer than anybody expects. If that happens... — read more
What do MT’s “yes” men say now? Boy do you look stupid!
MT laughing all the way to the bank. Rest of you to the unemployment line. Hahahahaha
MT’s parachute
From the ‘21 annual report he will receive up to $25 million in compensation. Possibly as “little” as $15 million depending on how the board treats his termination.
About time!
It was obvious a year ago that MT's "turnaround" only further destroyed the company instead of improving things. He shouldn't have been given this much time to further sink us. I don't know if his replacement will be any better, but I know I'm really... — read more
MT out-can we build back better
big shakeup today that will make most on this page happy. lets hope there is time to turn around the sinking ship
Just how competitive is the job market right now?
Almost everyday I hear that the job market is in a good place right now and that now is the time to leave. While that may be true the other side of the equation is that many folks are looking for a job in this industry and that companies are buried... — read more
Sears and Bed Bath and Beyond very similar
This is a long article but great informative reading. You can see the similarities in both companies. Possibly what’s next for Bed Bath and... — read more
Will it finally happen?
We need to change the fact that BOPIS / CDS’s are e-commerce and not counted as sales to the store it’s coming from. This should be one of the priorities. But unfortunately, I think this issue will persist for a long time to come.
Earnings call 6/29
This should be entertaining…got my popcorn ready!
Bank of America
Has anyone else had bank of america suits coming in their stores and asking random questions?