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Best Buy Layoffs. That means every hour, the company isn't paying $75,000 to employees. They sometimes have good prices, they're usually pretty good at shipping things quickly and i earn at least 2 or 3 of those rewards certificates each year so that helps me save more money.
from venturebeat.com
May cut its 90,000 strong workforce in an effort to save money, according to news reports. That means every hour, the company isn't paying $75,000 to employees. That is about 5 per store.
And on top of that, you also have the reduced cost of benefits. These most recent layoffs have come in the beginning of the best buy’s new fiscal year. New york (cnn business) best buy said thursday that it laid off 5,000 workers this month and is planning to close more stores this year as more consumers buy electronics online. A spokesperson for the fortune 100 company said a recent memo from the company’s president, brian dunn, asked managers to find ways to tighten their purses, including evaluating the possibility of layoffs.