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Bed, Bath & Beyond leave almost 150 of its 65,000 employees



Bed, Bath & Beyond joined nearly 150 of its 65,000 employees this week, as several customers switched their expenses online, a person told CNBC.

00 of the department and shop managers were deleted, the person said.

The dismissals come days after a trio of investors, Legion Partners Asset Management, Macellum Advisors and Ancora Advisors Tuesday confirmed their efforts in the dealership and demanded full revenue from the company's board. Investors lambasted Bed, Bath to be slow to online store and allow the cost to run higher in recent years.

This week was dismissed at Bed, Bath scheduled before the investor's letter and is part of the ongoing turn, the person said.

In a note to employees on Tuesday, which was obtained by CNBC, Bed, Bath's CEO Steven Temares highlighted the company's planned and implemented measures to initiate a turnaround. They include the relocation of the websites, focusing on data-driven personal marketing, improved goods and a new, more efficient operating structure in their buying group.

The person requested anonymity because the information is confidential. A spokesman for Bed, Bath refused to comment.


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