That's the rumor. May be way off, but we should be prepared. Do you know how likely is it that a private equity company is to scoop us up?
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Got the sneaky word from Union (a loyal friend) Bed Bath and Beyond is really in a hurry to get the next round of lay off paperwork completed. According to him the SM’s and some of District Staff are being left out of this process because they are on the lay off list, surprise! They are going to make sure it’s completely processed and handed out before anyone has vacation, etc., cut everyone as cheap as possible and bring in really cheap labor. The remaining mgrs. will be running their butts off, I would ask Santa for new running shoes if I were you, they aren’t going to cut anyone any slack, your all at risk even after this round us completed. After the new cheap mgrs come in and train look for another round of lay offs to cut mgrs with high salaries. People get ready, get out before it’s too late, do sorry for more bad news but it’s the truth.
If Amazon continues to eat BBB, you can't rule out this company going private, that would alleviate the scutiny of being a publicly traded company. I dare not contemplate the consequences.