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.