Thread regarding Bed Bath & Beyond layoffs

If there are no more lay-offs, then why is it all over the news about 40 stores closing?

I can confirm the restructuring side of the equation. Consolidation by taking on other duties are high on the list, be it no longer wasting time and money folding towels, being asked to open or closing a store, moving to another department, or as simple as being called upon for more floor coverage.

In my region, the employees, at least the ones I know of with vast experience, are being given many options, none of them are being told it's either my way or the highway.

I like informed answers, not the usual scare tactics that have become so commonplace.

Stop putting out information that is not true. I know from a very reliable source in corporate that the lay-offs are done. They moved, demoted and termed the people who were on their list. Look for a lot more restructuring. Things are changing but lay-offs are not part of that.

Another lay-off is coming heard that today!!

Great ready they aren’t done yet

BBB Recruitment Drive: Looking for highly motivated youngsters for nothing but part-time, minimum wage jobs with no chance of benefits, but with a chance to advance, maybe, before being let go for the next id--t.

If you expect this, you don't understand that running a business requires workers with a willingness to give all they have, not just twenty-somethings without a care for their future.

Corporate wants you to believe that all us ok and they can’t do it without their awesome full timers, wake up! They are getting rid of regular full time on the floor! They can’t afford to pay benefits anymore and line their own pockets because your taking up the money they can use to hire 2-3 part timers without benefits, come on people you have to know that by now. Yes I still work for bbb but I’m looking.

Thisee tall takes have gone way too far, I again go back to the talk of the equity buyer that was set in stone, guaranteed, yada, yada, yada. Unbelievable.

Evidence speaks for itself... they are hiring full time staff! Okay, a 16-year-old associate at my store, San Francisco, making minimum wage and working 10-15 hours a week being the norm. Wtf??? I want what you're smokin'!!!

That comment about the increasing minimum wages will do away with the fantasy of hiring everyone at slave wages...

Again, I want what you're smokin'!

More posters talking to themselves.

You do NOT run a company solely on minimum wage part-timers with no benefits.

I won't even try to explain to you the myriad of reasons why from a business perspective, no matter how it looks on a spreadsheet.

Any company that ever tried that would be destined for liquidation.

With minimum wages headed to $15 in many regions, I find this rationale quite laughable,

That’s what I’ve been saying all along! If your full time and have let’s say 15 to 30 years and an hourly wage if 15 to 18 per hour you can bend over and kiss it goodbye. You are going away and soon. Those days are gone, it doesn’t matter if you agree or not or if your SM says different it’s a lie, you are going away. You may be offered a reclassified job at a lower rate but that’s the only way your going to stay. Don’t be foolish and wait till your out the door, look for a better company to work for, right now your only three because they need your back, you will be discarded.