Location: Minneapolis, Minnesota, USA.
Department affected: Geek Squad.
Based on news reporting.
Best Buy Co., Inc. has laid off approximately 200 employees from its Geek Squad division as part of a strategic move to redirect resources. The layoffs occurred in early October 2023 and are aimed at optimizing the company's operations amidst changing market dynamics. This decision reflects Best Buy's ongoing efforts to adapt to the evolving retail landscape and enhance efficiency. The affected employees were primarily based in Minneapolis, Minnesota, where the Geek Squad is headquartered. The company has not announced any further layoffs but continues to evaluate its workforce needs in response to market conditions.
Best Buy Co., Inc. cut 200 jobs affecting its Geek Squad 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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