- (Reuters) - Best Buy Co Inc (BBY) plans to cut about 2,400 jobs, including 600 of its Geek Squad employees, as management tries to turn around the struggling electronics retailer, a spokesman for the company confirmed on Friday. (Yahoo Finance)
- July 6 (Reuters) - Struggling electronics retailer Best Buy Co Inc plans to cut about 2,400 jobs -- 1.4 percent of its workforce -- including 600 Geek Squad technicians, a spokesman for the company confirmed on Friday. (Reuters)
- Best Buy Co. will cut 2,400 jobs, or about 1.4 percent of its workforce, starting immediately, according to a person familiar with the plans. About 600 Geek Squad tech support jobs will be eliminated along with 1,800 store positions by Aug. (Allentown Morning Call)
- Best Buy Co. Inc. Best Buy Co. Inc. (The Business Journal)
- Best Buy is cutting 650 staffers from its Geek Squad division nationwide, the company told the Minneapolis T station KARE. (Forbes)
- Meanwhile, it is restructuring to combat consumers growing preference for shopping online, closing 50 locations, cutting 400 corporate jobs and trimming $800 million in costs. (Yahoo Finance)
- Best Buy Co., the largest U.S. electronics retailer, is cutting 2,400 jobs, or 1. (All Things Digital)
- Best Buy Inc. (NYSE:BBY) shares edged slightly higher in late afternoon trading. The big box electronics retailer announced plans to cut around 2,400 jobs, representing 1.4 percent of the its workforce. (Wall St. Cheat Sheet)
- Each of four of the top earners will get awards of an additional $2.5 million each in cash and stock on top of their existing compensation if they stay in their job. It looks like Best Buy is girding for a fight. (Wall Street Journal)
- He said the Best Buy board has reasons to be wary of Schulze. Theyre in a defensive mode because they have to be, Davidowitz said. Schulze is going to want to buy it for the lowest price. Yes, he does. Of course he does. (Marketplace.publicradio.org)
Friday, July 6, 2012
Best buy jobs
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