Best Buy

This tag is associated with 6 posts

Best Buy in US / To cut 2,000 managers

Best Buy Co. Inc. apparently told about 2,000 managers around the United States on Wednesday that they were being laid off, a move that would be the company’s biggest job reduction since July 2012 as it continues to cut costs following a weaker-than-expected holiday season.  The layoffs will affect about 1.4 percent of Best Buy’s … Continue reading

Best Buy in Canada / To lay off 900 workers

Facing pressure from online electronics retailers such as Amazon and Apple, Best Buy Canada will close 15 of its big box stores before opening smaller outlets. The move, which represents about 10% of the retailer’s square footage in this country, will mean layoffs for an estimated 900 employees. Chosen excerpts by Job Market Monitor. Read the … Continue reading

Quebec / Two Best Buy outlets close

Some Best Buy outlets have shut their doors in the last several hours. The electronics chain appears to have closed at least two outlets in Quebec, in Sherbrooke and in Montreal-area Lachenaie. And there are reports that more than a dozen Best Buy big box outlets will close across Canada. The windows at the Sherbrooke … Continue reading

Best Buy – Geek Squad workers – Hiring on Layoffs ?

On the heels of saying it would lay off 600 Geek Squad workers, Best Buy Co. Inc.    says it will hire 500 skilled employees for the unit. Best Buy (NYSE: BBY) spokesman Bruce Hight said Monday that the hiring should be complete by the end of the year. “They’re restructuring, and some particular types … Continue reading

Best Buy – 2,400 layoffs

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, … Continue reading

Best Buy | Large Stores Closing and Layoffs to Come

Best Buy Co.reported weaker-than-expected quarterly sales and said it would close 50 large U.S. stores and lay off another 400 employees, disappointing investors looking for even deeper cuts to turn around the world’s largest consumer electronics chain… Read More @ Best Buy to close stores, cut jobs on 4Q weakness – South Florida Sun-Sentinel.com.

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