Bed Bath & Beyond is reportedly skipping on severance payments for workers

Thu, 03/16/2023 - 16:47

Bedding BBBY Louisville — Denying severance for store employees could complicate efforts to finish selling inventory, as some workers are quitting their jobs weeks before their locations actually close, Bloomberg reported.
Ben Tobin

Bed Bath & Beyond is skipping out on some severance payments, Bloomberg reported Thursday.
The struggling housewares giant previously paid up to 12 weeks' wages following past store closures.
More than 400 locations are slated to close as the company aims to avoid filing for bankruptcy.

Bed Bath & Beyond has decided not to offer severance payments to workers at stores affected by its planned closures this year, Bloomberg reported Thursday.