Thread regarding Bed Bath & Beyond Inc. layoffs

Support Staff or Department Manager

Long time department managers identified as stagnant in their position with no upward mobility were let go. The reasoning was clear and communicated as a necessary step being that the company is no longer in a state of growth or expansion. This realignment would "knock the rust" off of stores and motivate current staff to comply and or contribute in a more robust way to the stores.

What needs to be realized is that so many of the support staff resemble these same people laid off yesterday. Burnt out former managers who were once necessary in an expanding market are now obsolete especially in the current top down leadership and centralized control of merchandising, ordering, and human relations. These same support staff positions are redundant, under performing, and do not drive results in the RBU's individually or as a whole. As a matter of practical business most of these positions should be examined and measured the way the department managers were.

By the way it has not gone unnoticed that you have given many remaining department managers the title of MIT. What positions are they training for? Hmmm Senior Managers should look at their resumes. Another purge awaits in a calculated salary dump!

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| 4374 views | | 15 replies (last August 7, 2017) | Reply
Post ID: @OP+OB9IhfH

15 replies (most recent on top)

My BBB store located in small college town. Our turnover rate with the college kids close to 90%. A lot of them didn't think they would actually have to work. Axed 2 floor Mgrs. out of 3 - watching all that knowledge with close to 20 yrs. between them walk out the door. For a Company that prides itself on customer service get ready to watch performance REALLY tank now.

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Post ID: @3bfi+OB9IhfH

To say that BBB isn't growing or "expanding" is to ignore the recent corporate acquisitions of three companies, Personalization Mall - an online retailer for $190million, Decorist - an online interior design service, and Chef Central - specialty store catering to pro chefs and others. That is also ignoring BBB's purchase of One Kings Lane in 2016 (price undisclosed), Of A Kind in 2015 (price undisclosed), Linen Holdings in 2012 for $105million, and Cost Plus Inc. (Cost Plus World Market & World Market) in 2012 for $495million. Don't forget Buy Buy Baby in '07 for $67million and Christmas Tree Shops in '03 for $200 million. The company's expansion has continued right up to this past November, with corporate spending like a drunken sailor. This recent layoff is the continuation of internal, cost-cutting downsizing that began in earnest around 2010/2011. Payroll, being the #1 controllable expense, is where it begins with nearly ALL retail companies. Why pay $50,000 to $65,000/year plus benefits to people who can be replaced with neophytes who will do the same, foot-killing back-breaking job for $10/hr and fewer than 24hours/ week in order to save on health care insurance? Typical corporate greed to stabilize and/or maintain share price and dividends for the major shareholders.

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Post ID: @2nfs+OB9IhfH

What you don't see in the media is that MANY. .. LIKE HALF... of the District Operations positions were eliminated also. True that they didn't lose their jobs, but they are being put back into the stores. This layoff did not only affect the stores, but many veteran district employees as well. But since the people in corporate didn't recognize them as a layoff, it seemed like 900 people lost their jobs, when in reality, MANY more were affected!!! This is just the beginning of more cuts at all levels, I believe!!

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Post ID: @2yan+OB9IhfH

With a business this size it's always about money!!! The sad part is long time GOOD managers are being fired and rotten, nasty , worthless managers and LODs are being allowed to keep their jobs. Used to Love going to work until new manager and a Pet LOD took over. Now it's a sweat shop and a hell hole.

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Post ID: @2hht+OB9IhfH

Under performing? No, my annual reviews say I was a superstar....."the go to person in our district for tough questions district

Staff didn't have answers to" . But after 17 years they no longer wanted to pay me for 4 weeks of annual vacation and my consistently high reviews put my pay rate at around 65 k a year. It's to be expected in this industry......ill miss my coworkers and the culture BBB used to have.....but its a sinking ship.....within 5years it will be positioned where Kmart/ Sears is today , bleeding out and awaiting death. Sad

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Post ID: @1xrs+OB9IhfH

I think personalizing this as, "you got let go cause you s---ed", is short sighted.

We got let go as cost saving measure's. If we "s---ed", or "were not preforming as well as as you thought you were", it would have been incumbent on our ASM's or SM's to have expressed that, via a coaching session (I hate that negative connotation) or in our yearly review. I really felt that my superior's were perfectly comfortable with my performance, be they in store or district.

It's just $$ball.

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Post ID: @1hjl+OB9IhfH

Please. This is not about performance. This is about money! All the managers in my district who get laid off made 55,000 and over. THAT's why they got laid off!!!

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Post ID: @1hle+OB9IhfH

Some of it was your store profile, whatever the parameters the company set up , if your store had 2 managers in their profile, then that was what was left. I feel a lot of people that were let go had a lot of vacation time also they do not want to pay for it they are way too cheap. The managers that are left will be working like dogs. These supervisors are not going to as experienced as the mana gers, how much money are they going to make an hour. They should have weeded the lazy managers out by bad reviews years ago never mind holding on to them. Bed Bath and Beyond is done growing, they are going to look at the stores that are not profitable next and close them , there will be more layoffs.

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Post ID: @1hry+OB9IhfH

many hard working dept managers including myself were let go the words stagnant and no upward mobility is total bs i have worked the front end soft side hard side and ran a hbc dept for over 8 yrs and worked like a dog these past 2 yrs with hardly any associates to work on the floor in my store 17 yrs of company loyalty and hard work meant nothing during this lay off in my district they just went to every store and layed off all of the dept managers in every store.... something big and more layoffs coming you watch and see.....

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Post ID: @1qnq+OB9IhfH

Who is anyone kidding. In my 14 years I have met more lazy brown nosing managers then upward movers. More of no expierience people being promoted because they are desperate and cheap or know how to shmooze. This is about money. In a b volume store that 10 years ago had 4 asms and 2 dept managers they now have 3 hourly people with keys and 2 seniors that won't touch merchandise. Merchandising takes hands, speed and experience. So does training. Killing of the working force is poison in their cup. Guess the chair warmers need to start working out.

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Post ID: @1iwy+OB9IhfH

It wasn't JUST department managers. It was ASMs as well. But yes, they did let go of the under performing ones. I was a dept mgr and they talked to me & said they assessed my performance & the only thing that changed for me was my title. My pay and hours are exactly the same. Thank God they noticed I work my a-- off. One store in our district lost 8 managers total.

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Post ID: @1yuk+OB9IhfH

What about the redundant upper management that sit at a desk? You know who you are. Those who visit stores to tell them how great the store looks and want your option on what you think the reason for sales to be down but don't really want to hear what the people who work with the customers and deal with the outrageous returns think. Wake up!!!! you people are no better than Charlie Arnold's and all the others you booted out! You take the same amount of money from a suffering business and throw away the hart of what your so called company is all about. Spend a month in a store doing what those you let go did. Sorry desk jockies you couldn't handle it.

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Post ID: @1beg+OB9IhfH

OP or Post ID: @OB9IhfH or Anonymous: MANY MANY MANY top notch managers were let go - your "knock the rust" thesis is utterly flawed and is far from facts.

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Post ID: @nxc+OB9IhfH

Or perhaps you were not performing as well as you thought you were.

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Post ID: @vvu+OB9IhfH

The managers in my district were not "stagnant" and did very well, including myself. You are incredibly unaware and insensitive.

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Post ID: @eod+OB9IhfH

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