Bed Bath & Beyond in more layoffs
Bed Bath & Beyond is reducing its workforce — again.
The struggling home goods retailer is laying off 148 employees at the company’s headquarters, which is located in Union, N.J. It also is closing a contact center operations site at West Oaks Mall in Ocoee, Fla., in August, resulting in the loss of 221 positions. The layoffs were revealed in Worker Adjustment and Retraining Act notices filed in Florida.
In February, Bed Bath & Beyond announced it was cutting about 500 jobs, or about 10% of its corporate workforce.
“We are announcing extensive changes today to right-size our organization as part of our efforts to reconstruct a modern, durable business model,” CEO Mark Tritton said in a statement in February. “We do not take this action lightly but, while difficult, these measured and purposeful steps are necessary. This will reset our cost structure, allowing us to re-invest where it matters most to our customers, to re-establish our authority in the home space.”