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Bed Bath & Beyond CFO and Jenga Building composite
Bed Bath & Beyond CFO and Jenga Building composite
Bed Bath & Beyond / Billie Grace Ward / Composite

Economy

Bed Bath & Beyond Exec Jumped To His Death After Closing 150 Stores, Layoffs

Bed Bath & Beyond’s CFO reportedly took his own life after the company announced massive store closings and layoffs

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Gustavo Arnal, who worked as Bed Bath & Beyond’s Chief Financial Officer, has taken his own life by jumping to his death from the 18th floor of the “Jenga Building” in New York City.

Bed Bath & Beyond announced the company would cut 20% from its workforce, close 150 buildings over the next 18 months last Wednesday, which saw the company’s stock lose about a quarter of its value.

Now, the New York Post reports that Arnal has been identified as the man who jumped from a Manhattan skyscraper, where condominiums start at $3.5 million and go as high as $50 million, only days after his company announced stark financial news.

Arnal jumped from the 18th floor at around 1 p.m. on Friday, September 2, according to information previously reported by Post. The paper described the building as one of a “celebrity packed home to the mega wealthy,” and noted that last year’s $50 million apartment purchase was New York’s most expensive in 2021.

The executive formerly worked as an executive for Avon after a stint at Proctor & Gamble. Though the company is in rough financial straits, Arnal’s tenure did see the company announce $500 million in new funding.

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Bed Bath & Beyond drew the ire of conservatives in January of last year, when the company removed Mike Lindell’s MyPillow line of products from its stores after Lindell supported 45th President Donald Trump’s efforts to prevent Joe Biden from ascending to the White House.

In a series of tweets, the left wing Twitter account MeidasTouch, which also has a website, bragged that its influence helped lead Bed Bath & Beyond to drop Lindell’s products.

However, it also seems likely that a store which primarily sells higher end home products would suffer during an economy that experts agree is trending toward a recession.

Inflation remains at unprecedented levels, gas prices remain around $4 per gallon, and the White House has spent almost all of its time demonizing its political opponents as “extreme” and a “threat” to “democracy” rather than pursuing policies to address the crumbling economy.

If you are struggling with suicidal thoughts, thoughts of self harm, or are experiencing a mental health crisis, and live in the United States, please call 988 – the new number for the National Suicide & Crisis Lifeline. If you are experiencing suicidal thoughts, and are in the UK, please call the Samaritans at 116 123.

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Written By

Tom Pappert is the editor-in-chief of Valiant News. Follow him on Twitter @realTomPappert, on Gab, or on Spreely. Tips can be sent securely to [email protected].

14 Comments

14 Comments

  1. Avatar

    Gerald Ladd

    September 4, 2022 at 3:30 pm

    It’s a shame really. It should be Bidhole diving off a building. It woyld be the first thing he’s ever done right.

    • Avatar

      Katie

      September 4, 2022 at 4:14 pm

      YEP!!

    • Avatar

      Catpaws

      September 4, 2022 at 6:17 pm

      It is a shame that this employee did himself. It’s not his fault the company alienated large numbers of customers when it went woke. He was in a good position to serve the employees and share holders interests if he had become part of the solution.

      • Avatar

        not sure

        September 6, 2022 at 11:54 am

        No. He deserved it, but should have pulled someone down with him. He was involved in a huge pump and dump scheme, produced fraudulent accounting for insider trading. Someone named Ryan Cohen walked away with most of the money.

  2. Avatar

    Sherlock

    September 4, 2022 at 6:43 pm

    It begs the question. Was he a friend, acquaintance, colleague or staffer of the Clinton cabal? Or perhaps he refused his demonic globalist handlers orders to rape & sacrifice a child… So they offed him.

    • Avatar

      not sure

      September 6, 2022 at 11:56 am

      He was involved with fraud and insider trading, a pump and dump scheme with Ryan Cohen.

  3. Avatar

    Houdini

    September 4, 2022 at 6:46 pm

    GET WOKE GO BROKE! LOL…Things went South after they dropped MyPillow! Buwahahahahaha….

  4. Avatar

    Sanjosemike

    September 4, 2022 at 7:25 pm

    I Love Mike Lindell’s coffee! I encourage you to buy it! Very high quality. Delicious.

    Sanjosemike (no longer in CA)

  5. Avatar

    Paul4756

    September 4, 2022 at 10:59 pm

    More American blood on that senile idiot in the White House’s hands.

  6. Avatar

    Evangeline

    September 5, 2022 at 12:08 am

    What makes a person crack. This man had more money than most of us will see in a lifetime, but the idea of the company in decline makes him jump off a building, as if one failure meant he wasn’t worth living. Terrible.
    Get woke go broke seems to hold for the most part. When will they learn. Tell activists to shove off, just ignore them! They’ll go away if you do.
    Have mercy on him Lord.

    • Avatar

      not sure

      September 6, 2022 at 11:58 am

      He was heavily involved with fraudulent accounting and insider trading. Ryan Cohen walked with the money. Woke was neither here nor there. He was a common criminal and the Cohen was pinning everything on him.

  7. Avatar

    Rob

    September 5, 2022 at 7:59 am

    That is a very ugly building.

    • Avatar

      walter Kowalczyk

      September 5, 2022 at 6:56 pm

      This would not happen if we built pyramids.

  8. Avatar

    walter Kowalczyk

    September 5, 2022 at 6:53 pm

    At least he can still vote.

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