Best Buy is laying off 2,400 employees chainwide, a company spokesman said Friday. There was no word about whether Kansas City-area employees would be affected, but no additional stores will close as part of the layoffs.
Bruce Hight, a spokesman for Best Buy (NYSE: BBY), said the layoffs will affect about 600 employees of Geek Squad, the company’s repair services division. The remaining 1,800 layoffs involve store employees. Hight said the employees were informed Friday; the layoffs will conclude by Aug. 1.
“These changes were previously announced as part of the leadership team’s ongoing turnaround plan,” Hight said. “We are working to minimize the impact of the changes for employees while building a foundation for a strong future.”