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Best Buy Cuts Hundreds of Jobs Amid E-commerce Expansion

According to the Wall Street Journal, Best Buy Co Inc is reportedly laying off store workers across the United States as it aims to reduce costs and focus more on its e-commerce business. This decision comes in response to changing consumer shopping behaviors.

Best Buy logo
Best Buy logo

Job Losses and Reapplication Opportunities

The layoffs are expected to affect hundreds of jobs in Best Buy's U.S. stores. However, employees laid off can reapply for open positions within the company or receive severance packages.

Specialized Workers Impacted

This week, several store workers specializing in selling more complex products such as computers and smartphones were informed that their jobs would be eliminated.

Adapting to Customer Shopping Behaviors

Best Buy stated that they are evolving their stores and the experiences they offer to better adapt to changes in customer shopping behavior and improve the organization of their teams.

Best Buy's Workforce Overview

As of January 2023, Best Buy employed over 90,000 workers in the United States and Canada, accounting for approximately 58% full-time, 32% part-time, and 10% seasonal staff.