In a sign of change in the retail industry, Bed Bath & Beyond is cutting its workforce by roughly 2,800 employees, slashing jobs across its corporate headquarters and stores, as it repositions the company to focus on its growing digital business.
Bed Bath & Beyond Slashes Workforce by 2,800 as It Emphasizes Digital Orders
Company Expects Annual Cost Savings of $150 Million While It Closes Brick-and-Mortar Stores
By Linda Moss
CoStar News
August 25, 2020 | 11:34 P.M.
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IN THIS ARTICLE
- Properties
- Bed Bath & Beyond Corporate Headquarters
650 Liberty Ave, Union, NJ
- Companies
- Bed Bath & Beyond
Retailer