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Bed Bath & Beyond Layoffs Will Affect Hudson Valley Stores

Bed Bath & Beyond announced it will speed up its plan to realign store management structure, resulting in eliminating approximately 880 jobs.

Bed Bath & Beyond will be eliminating 800 positions.

Bed Bath & Beyond will be eliminating 800 positions.

Photo Credit: Wikipedia

The cuts will eliminate department and assistant store manager positions at nearly half of its stores.

The changes will save the company about $16 million, according to a statement.

"These actions accelerate a transition in store management roles that began more than a year ago through store hiring practices and attrition," Bed Bath & Beyond said in a statement. "These efforts simplify the store management structure and strengthen the Company's ability to meet the growing and changing desires of its customers by focusing additional staffing needs in non-management roles, and placing less emphasis on a management structure that supported a more rapid rate of store growth."

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