See below for more details about layoffs at BBB - we knew this already but watch for the language...
I kind of have a feeling that they are not done with job cuts yet... Info Source is at the bottom of the post (NASDAQ's PR Announcement):
Bed Bath & Beyond Inc. ( BBBY ) announced the company has initiated in approximately half of its U.S. Bed Bath & Beyond stores and about a dozen U.S. buybuy BABY stores, a limited realignment of its store management organization, primarily resulting in a reduction of about 880 Department and Assistant Store Manager positions. The company said the organizational changes are estimated to generate future annual pre-tax cost savings of approximately $16 million. Due to the timing of these changes, the pre-tax cost savings for the remainder of fiscal 2017 are estimated to be approximately $7 million.
The company expects to incur pre-tax cash restructuring charges of approximately $17 million in fiscal 2017, primarily for severance and related costs in conjunction with these changes, all of which will be expensed in the second quarter.
http://www.nasdaq.com/article/bed-bath--beyond-cuts-880-department-and-assistant-store-manager-positions-20170803-02266