Bed Bath & Beyond has accelerated what it said is the “realignment of its store management structure” which includes the reduction of 880 department and assistant store manager positions.
“The actions taken today to accelerate the realignment of our store management will allow us to better support our customer-focused initiatives as well as support our omnichannel growth while driving operational excellence,” said Steven Temares, Bed Bath & Beyond’s CEO.
The staff reductions will impact about half of the company’s Bed Bath & Beyond locations and about a dozen buybuy Baby stores in the U.S.
Bed Bath & Beyond officials said the job cuts will 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. There are no further reductions planned in connection with the realignment, the company said.