Thread regarding Bed Bath & Beyond layoffs

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?

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| 1231 views | | 7 replies (last July 7, 2022) | Reply
Post ID: @OP+1hAwlgTO

7 replies (most recent on top)

I don't know how the new CEO can really turn around such a damaged company. With little cash or credit on hand they would need to raise money before anything major can happen. Is the company a good risk at this point? Vendors and landlords already don't trust us to pay on time.

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Post ID: @1xcj+1hAwlgTO

It’s a pushover. She may try to undone some damage but the amount done….I just honestly don’t know if there is enough time :(

Cost cutting measures need to happen which means less and less until we are at a bottom feed, then a restart.

We cannot reintroduce more paper coupons that’s what got us into trouble in the first place. Fewer private cr-p fine….but what vendors will work with us?? Too much cannot be undone.

Right now it’s like the Titanic. The mo--n hit the Iceberg. Now a new “Captain” is trying to keep people calm while some abandon ship or await death. We know it will sink. Now it’s just trying to hold on for whoever long.

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Post ID: @1ukb+1hAwlgTO

Get rid of the aprons and dress code!!!!!!!!!

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Post ID: @wgh+1hAwlgTO

I'm thinking it'll be a diversity hire.

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Post ID: @nwe+1hAwlgTO

MT ki---d any hopes i had of change. i was cautiously optimistic when ST was replaced by MT, and then he was much worse, so i don't have much hope for the next one.

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Post ID: @nyq+1hAwlgTO

I think owned brands may go away but I do not see a change to the hours of operation. She has mentioned cost structure several times which makes me think layoffs or more cuts to hour budgets.

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Post ID: @byq+1hAwlgTO

owned brands will go away thru liquidation. and the hours of operation will go back to the way they were before. anything mt did, will be undone over time.

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Post ID: @kyi+1hAwlgTO

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