Thread regarding Bed Bath & Beyond layoffs

Update on Layoffs

The smartest post here is that FT associates outside of their payscale will be replaced by 2 part timers and that ASMs that cannot be SMs will be let go and replaced by supervisors.

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| 1367 views | | 13 replies (last May 15, 2019) | Reply
Post ID: @OP+Z2QjsGe

13 replies (most recent on top)

They need to cut the top. Rvp to regional to dm to am? One person is all you need. Get the information to the stores. The sm and asms make it happen done. Too much unneeded weight at the top. The people in the stores are selling. Tbs, beyond +. Give the hours back to the stores.

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Post ID: @2ayz+Z2QjsGe

Okay so I’m not saying anyone is right or wrong but this is my view:

Example:

C or D volume stores: if they have an ASM that makes much more than a Sup, they will be transferred if they are THAT good (the round of Dept manager layoffs, Store managers had a say! If they were good at CS, they were safe!) or otherwise mates off.

long timers (FT)- If they make too much they can either be promoted to a Sup position or let go (like the new Ops Sup position)

A&B- If you have multiple ASMs- they could be at risk. They would only do this based off of payrates- and their overall worth to the company. I don’t see Sups in any situation being at risk- that’s the new position and they hired (mind you EVERY STATE is different when it comes to wages so there is no one size solution) on a pay scale that would not tip the stores profitability into the red. They won’t ever eliminate the ASM role, but they need to get it to a manageable pay rate. They are trying to SAVE as many stores as they can! They do not have an easy job either and we all have to remember that there are 65000 employees.. we may lose a few to save a whole lot more. They know that they lose more by closing a store then by restructuring it. They value the stores and that’s why they have tried to invest into it what they can. I know most of us can’t understand how a corporate company should run but we all think we know better. Just remember that they have trimmed a lot of fat, and in my area, with the recent layoffs- they really only kept those who were the best. I’m not high up on the food chain but I can tell you that.

With ST stepping down- the activists want them to do way more layoffs and closures than ST ever did. And I will tell you now it’s not In the warehouses or in the call centers!

Be sure to read their plan because it’s not all sunshine and rainbows!

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Post ID: @1byg+Z2QjsGe

Here we go again.

It would NOT be discrimination if it was based on the individual store and its finances.

Flawed logic.

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Post ID: @1fdy+Z2QjsGe

I dont think they can pick and choose based on what stores are losing money. That would be descrimination. Thats why I see a company wide move!

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Post ID: @1tau+Z2QjsGe

Nice, very logical, and true!

I work in a profitable B volume, pay a little below $20, vast experience -- trust me, I am not classified as a cashier -- and proud of what I do here, many friends, a team effort.

Thank you for taking the time to go into what should've been said earlier. ☺

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Post ID: @1pui+Z2QjsGe

There is some truth so i'm not sure why you are jumping all over the OP. Everybody seems to be focused on a specific set dollar amount. Each regional and area is different so there isn't an across the board decision being made. There are additional costs involved in employing FT employees but that's not the final deciding factor either. The bottom line is that some stores are losing money and some are close to it. In some of these stores there are long time cashiers making $20.00+ an hour and a few are making over $30.00 an hour. Some stores that are losing money have over 15 employees making $20.00 an hour. Either drastic cuts are made or the store closes - it's that simple.

Decisions will be made on on the stores that are losing the most money first. If you're store is losing money, expect changes to happen sooner than later. Some stores already felt the changes and others will very soon.

If you're a higher paid employee in a profitable store that is worth what they are getting paid don't worry about anything right now!

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Post ID: @1nlh+Z2QjsGe

Full-timer side wins.

It's not rocket science at all. Me impressed, says Jar Jar.

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Post ID: @ydu+Z2QjsGe

You are not adding in experience and knowledge... very important attributes.

Plus, my dear comrade, try reading this, you have lost your argument...

https://sfgov.org/olse/san-francisco-labor-laws-citywide

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Post ID: @aeq+Z2QjsGe

2 people making $15.50 each total 40 hours $620. 1 person making $15.50 an hour 40 hours $620 plus the cost of benefits, health, vacations paid sick time. Again not rocket science

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Post ID: @hjn+Z2QjsGe

Sorry friend, 35-40 hours in SF effective in a few weeks is over $31/hour TOTAL for BOTH... ARE YOU TRYING TO BE OBTUSE???

IT'S NOT ROCKET SCIENCE MY COMRADE.

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Post ID: @czb+Z2QjsGe

You do realize the two part timers would only be working the same amount of hours as 1 person. 2 people total 35-40 vs 1 person 35-40 plus cost of benefits? It’s not rocket science

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Post ID: @idd+Z2QjsGe

Interesting, replace a full timer in San Francisco with two part timers making about $31/hour. You are smokin' bad weed!

And, who cares about the knowledge and experience.

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Post ID: @drp+Z2QjsGe

This is not an update, it's simply you trying to promote another outright crazy guess... or lie!!!!

Give us all a break and stop reposting your original idea.

Good away!!!

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Post ID: @dxo+Z2QjsGe

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