REPORTED · WARN NOTICE✓ VERIFIEDAdded Jan 21, 2026

Best Buy Co., Inc. Layoff — March 2026

SOURCEOFFICIAL FILINGCalifornia Employment Development Department· filed January 16, 2026View the filing ↗

EMPLOYEES AFFECTED

106

SHARE OF WORKFORCE

~0.1%

EFFECTIVE DATE

Mar 17, 2026

106 OF 85,000 EMPLOYEES

What we know

Location: San Jose, CA · 2 locations (Santa Clara County).

A WARN notice for this layoff is recorded on January 16, 2026.

Disclosed through an official WARN filing with the CA state workforce agency.

Summary

Best Buy is closing its Carmel Mountain store at the Courtyard at Carmel Mt. Ranch shopping center with the location slated to shut on February 28. A layoff notice filed with the state indicated about 45 employees work at that store, and Best Buy said it will not renew the lease and is assisting affected workers with finding jobs. The closure is part of broader strategic changes announced by CEO Corie Barry, who said the company will shift toward smaller-format stores and more experiential, vendor-driven locations in 2026. The article frames the shutdown as a local store closure tied to format testing rather than a company-wide mass layoff.

Best Buy Co., Inc. disclosed this layoff in an official WARN (Worker Adjustment and Retraining Notification) notice recorded by the CA state workforce agency on January 16, 2026. The notice covers 106 employees in San Jose, CA (Santa Clara County), with the layoff effective March 17, 2026.

The state lists each affected employee separately by work location, so this filing spans 2 CA communities: San Diego, San Jose.

That is roughly 0.1% of the 85,000 people Best Buy Co., Inc. employs.

LayoffTalk has tracked 10 layoff events at Best Buy Co., Inc. since July 2025, including 106 jobs documented in official WARN filings, with 9 additional events known from news reporting.