Thread regarding Bed Bath & Beyond layoffs

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.