Beyond Inc., the parent company of Overstock, Zulily and Bed Bath & Beyond, declared in a filing with the Securities & Exchange Commission that this "reduction in force" will "create a more variable, leverageable cost structure and create a more streamlined organization to align to its asset-light business that supports an affinity and data monetization model with a strong technology focus." Uh, what?
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Bed Bath & Beyond parent company to slash workforce by about 20%
Beyond Inc. is reducing its workforce as part of a cost-structure review.
