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Mike Lindell’s MyPillow has removed from Bath & Body Works’ shelves in 2021, and now the brand is paying for it.
According to the company, they withdrew the goods owing to low sales; nevertheless, many believe that Mike Lindell’s support of Former President Donald Trump and refusal to accept the 2020 election outcome was what really caused the decline.
Now, the tables have turned, and Bed Bath & Beyond is facing mass layoffs after removing MyPillow from their stores. The company announced that it would be cutting 500 jobs, or about 3% of its workforce, in an effort to save money.
Many believe that the move is retaliation for Lindell’s support of Trump and his refusal to accept the election outcome. However, Bed Bath & Beyond claims that the layoffs are not related to the removal of MyPillow and are part of a greater cost-saving effort.
Either way, it’s clear that karma has come back to bite Bed Bath & Beyond. First, they removed a product that was selling well, alienating a large portion of their customer base. Now they’re paying the price with mass layoffs.
After years of decline, retail giant Bed Bath & Beyond is finally feeling the full force of the woke revolution.
The company has come under fire in recent months for its handling of social justice issues, and now it seems that the backlash is taking its toll.
In an attempt to placate its critics, the company has removed Mike Lindell’s MyPillow from its stores. However, this move has only served to enraged conservatives, who are now calling for a boycott of the retailer.
As a result of the backlash, Bed Bath & Beyond has been forced to close multiple stores and lay off hundreds of employees.
The company’s stock prices have also taken a hit as investors worry about the company’s ability to survive in the current climate.
It remains to be seen whether Bed Bath & Beyond will be able to weather the storm, but one thing is for sure: the company is in for a long and bumpy ride.
There’s no denying that it’s been a tough year for many companies. But while some businesses have been struggling across the board, others have taken hits specifically because of their leftist leanings.
Take Disney, for example. The company has long been considered a bastion of progressivism, but that didn’t stop its stock from taking a nosedive in 2019. Many attribute this dip to the company’s increasing focus on social justice issues at the expense of more traditional entertainment.
Or take Kohl’s, which saw its stock price drop after it was revealed that the company had been selling products made by a vendor that had previously been accused of child labor violations. Though Kohl’s eventually stopped selling the products in question, the damage to its reputation had already been done.
And then there’s Twitter, which has been embroiled in controversy after controversy related to its treatment of conservatives. The company has been accused of censoring right-wing voices, and its stock price has reflected this negative publicity.
It’s clear that there are consequences for companies that take a hard-left turn. Let this be a lesson to businesses everywhere: if you want to stay afloat, it’s best to avoid offending half of your potential customer base.