Thread regarding Bed Bath & Beyond layoffs

I just heard another layoff is coming in next few weeks!! Anyone else hearing this? ASMs

by
| 1811 views | | 18 replies (last February 10, 2019) | Reply
Post ID: @OP+Xp5rYXS

18 replies (most recent on top)

There absolutely are ASMs making 6 figures in the NYC market.

by
| | Reply
Post ID: @9pnc+Xp5rYXS

Several ASMS who have been with the company for years have updated their LinkedIn profiles in the last 2 weeks. Something is going down...

by
| | Reply
Post ID: @8dsx+Xp5rYXS

As for as a SM only make in the 70 thousand range that’s s joke! I was a dept mgr making almost 80k and can prove it. SM at BBB can do better unless he or she is just so easy to use, lol. Yes I got laid off but that’s ok, it really was a blessing after the smoke cleared. The company would be smart to get rid of the ops mgr, you guys understand. Oh well welcome March let’s go!

by
| | Reply
Post ID: @7bps+Xp5rYXS

Remember, they have to get rid of tenure to save cash for more useless stock buy backs.

Some of the asm responses on payroll sound like a corporate person response.

Take out the virus, upper management.

Old guys with old ideas.

by
| | Reply
Post ID: @7vdo+Xp5rYXS

All of you have these theories, unless you have solid proof it's just hear say garbage.

by
| | Reply
Post ID: @7non+Xp5rYXS

If anything, HR could keep their salaries and be transitioned into the stores. A-volume and above could absorb the hours and they could be utilized as SMs.

As far as ASMs making six figures, that’s not happening. I was asked to step down to a lower paying ASM position because I was a SM making 73k. When I refused to step down, I was placed on a PIP at the next review cycle. The Company has already purged itself of what it sees as wasted payroll.

by
| | Reply
Post ID: @7mno+Xp5rYXS

Agreed there is no way any ASM is making 6 figs. I'd bet most SMs dont make that. Also agreed tho the ASM posn could go. Sups do same things. Guess we'll see...March is around corner. Btw what's happening to HR? All of a sudden it's gone corporate central.????

by
| | Reply
Post ID: @7ict+Xp5rYXS

No ASMs are making six figure salaries. None.

by
| | Reply
Post ID: @7zjx+Xp5rYXS

This isn’t surprising since the profiles keep getting reduced.

I fully support managing out the highly paid assistants who aren’t producing - we could save a ton of money. No reason to keep assistants making 6 figures who aren’t “paying the rent”

by
| | Reply
Post ID: @7jbj+Xp5rYXS

BBBY just s---s!

by
| | Reply
Post ID: @3lwr+Xp5rYXS

You can’t believe anything you are told by BBB mgmt. Layoffs are coming and no one is safe. They use you and throw you out with the trash. They don’t move forward, the good old buddy routine is still working. There is a great life after lay-off, I’m living and lovin it!!

by
| | Reply
Post ID: @3hkb+Xp5rYXS

Get rid of HR !

It's automated now.

Just have Corp director and get rid of reg. Directors.

They just sit on their fat cans anyway and speak in tongues and burn data on their own personal searches.

by
| | Reply
Post ID: @3axl+Xp5rYXS

Rebound?

Ha!

by
| | Reply
Post ID: @3ldd+Xp5rYXS

You’re safe if you are a ms? If you are in ms your on a pip which means you go first. Yes. Lots of changes coming to a store near you !

by
| | Reply
Post ID: @2hyp+Xp5rYXS

Seriously? Who gets an eye ever? And why would an ms be saved? You dont make sense.

by
| | Reply
Post ID: @2tlz+Xp5rYXS

They are evaluating everyone. If you are an ms or ee you are safe. Everyone else who knows. Watch your p & q kids.

by
| | Reply
Post ID: @2zah+Xp5rYXS

Rebound from nothing to nothing.

Go back 21-2 years and really look.

by
| | Reply
Post ID: @1npy+Xp5rYXS

There’s been banter about making the ASM position hourly, but I see no reason why that’d happen now. BBBY stock is on the rebound!

by
| | Reply
Post ID: @szc+Xp5rYXS

Post a reply

: