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The content originally appeared on: CNN New York (CNN Business)Bed Bath & Beyond's stock tumbled in early trading after it announced layoffs, store closures and fresh financing plans as it tries to reverse its business' decline. The company said it is laying off approximately 20% of employees from its corporate ranks and supply chain, including eliminating its chief operating officer and chief stores officer roles. Its retail footprint is also being reduced, with around 150 Bed Bath & Beyond stores […]
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