Department affected: Best Buy Health.
Based on news reporting.
Best Buy Health has announced the layoff of 161 employees following the sale of Current Health. This decision is part of a strategic shift as the company integrates the acquired technology into its operations. The layoffs are expected to take effect immediately, impacting the workforce as Best Buy Health restructures to align with its new business model. The move reflects the company's ongoing efforts to streamline operations and focus on its core health initiatives. Best Buy's leadership indicated that this adjustment is necessary to enhance efficiency and drive future growth.
Best Buy Co., Inc. cut 161 jobs affecting its Best Buy Health team as of October 1, 2023.
That is roughly 0.2% of the 85,000 people Best Buy Co., Inc. employs.
LayoffTalk has tracked 11 layoff events at Best Buy Co., Inc. since October 2023, affecting a combined 3,828 employees.
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