There are 1,300 new job-seekers today, and they're under the gun
The company is sneaking in this move just before a new state law takes effect, one that will require companies with 100-plus employees to behaveespecially insidious – one that should send Bed Bath & Beyond’sskittering into the gutter of New Jersey consumerism – but after the sting passes, let this be the last cautionary tale about why workers need protection against ruthless corporate behavior.
While government’s first choice is to stay clear of private businesses -- no matter how profane it may be -- it was that callousness that convinced Sen. Joe Cryan that Trenton must intervene. The law to mandate severance A spokeswoman told us that the timing is merely coincidental, that this was planned many months ago. It’s true that Bed Bath & Beyond is different from other retailers that are getting crushed by Amazon, from this perspective: Just last year, the housewares behemoth paid up to 12 weeks of salary following store closures, but now, according to reports, it needs to raise $1 billion just to avoid bankruptcy.
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