Bed Bath & Beyond will lay off 1,300 employees in New Jersey.
The struggling retailer is working to consolidate its operations by reducing its store footprint.
- 572 people will be laid off in Port Reading on Tuesday, followed by 84 in Secaucus and 377 in Union.
- Bed Bath & Beyond's subsidiary Harmon beauty stores will lay off an additional 262 employees from April 1.
- The retailer announced in January that it would shutter all of its Harmon outlets as part of a turnaround strategy.
- Bed Bath & Beyond filed WARN notices with New Jersey disclosing the latest round of layoffs.
- State WARN laws, including New Jersey's, require companies to provide advance notice to the government and employees before mass layoffs.
- The company told Retail Dive that the layoffs will "enable Bed Bath & Beyond to improve our financial position and serve our customers well into the future."
