Friday, July 6, 2012

Best buy jobs

  • (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)

No comments:

Post a Comment