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Bed Bath & Beyond CFO falls to death days after company announces massive closures and layoffs, NBC News reports

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A Bed Bath & Beyond executive is dead following a fall from the downtown Manhattan luxury skyscraper where he lived, the retail giant and police have confirmed.

The death of Gustavo Arnal, 52, the company’s chief financial officer, comes days after the retail chain announced it would close about 150 of its more than 700 namesake stores and lay off about 20% of its 32,000 employees after its stock fell more than 21% last Wednesday, and 65% in the past year, according to The Associated Press.

Arnal was pronounced dead when emergency medical personnel found him at around 12:30 p.m. on Friday near Leonard Street and West Broadway, police told NBC News in a statement, noting that he “appeared to suffer from injuries indicative from a fall from an elevated position.

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Sourabh Verma franklin
Sourabh Verma,From Franklin Tn - Sub-editor in Asian News International(ANI) I am a detailed-driven journalist with 3+ years of experience in news writing and copy-editing, I can file quick, compelling and error-free stories as they break. I have sound knowledge of national and international issues and have covered stories across beats, including politics, parliament, legal and crime like drugs and Human Trafficking at Asian News International (ANI), where I currently work. Some of these include extensive coverage of the 2019 Lok Sabha polls, several state Assembly elections, Parliament sessions, COVID-19 pandemic and other stories of national importance. A typical working day involves copy-editing dozens of drafts, managing junior sub-editors in shifts and keeping an eye on developing stories. This added responsibility followed a couple of years of filing stories based on press briefings, bytes and inputs from reporters on the ground.
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