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33°
Friday, dec 20
Tag:
Cost Cutting
Business
Bed Bath & Beyond Cutting Nearly 3,000 Jobs Starting Immediately
Bed Bath & Beyond will cut nearly 3,000 jobs under a plan to cut costs and streamline operations. Jobs will start to be eliminated immediately, the company said in a statement on Tuesday, Aug. 25. "In conjunction with the organizational realignment, the company has implemented a significant workforce reduction of approximately 2,800 roles from across its corporate headquarters and retail banner stores, effective immediately," the statement said. "This action is designed to further reduce layers at the corporate level, significantly reposition field operations to better serve…