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Best Buy Announces Significant Layoffs Within Geek Squad Division

The layoffs, part of a broader restructuring initiative, were communicated abruptly to employees, citing economic pressures and strategic shifts.

  • Best Buy has initiated significant layoffs within its Geek Squad tech support division, affecting numerous employees.
  • The layoffs were communicated abruptly, with some employees learning of their termination through individual calls from leadership.
  • CEO Corie Barry cited inflationary pressure and investments in other aspects of the business as reasons for the cuts, alongside a strategic shift towards other services.
  • Affected employees have expressed devastation over the sudden loss of employment, with some having dedicated decades of service to the company.
  • The layoffs are part of a broader restructuring initiative by Best Buy, including store closures and a focus on areas like artificial intelligence and home health services.
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