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REPORTED · NEWSPublished Sep 25, 2025

Best Buy Initiates Job Cuts Across Multiple Departments

SOURCENews reportView the filing ↗

EFFECTIVE DATE
Sep 25, 2025

What we know

Location: Minneapolis, Minnesota, USA.

Based on news reporting.

Summary

Best Buy Co., Inc. has begun implementing job cuts affecting approximately 500 employees across various departments. The layoffs are part of the company's efforts to streamline operations and adapt to changing market conditions. The affected employees are primarily based in Minneapolis, Minnesota. This decision comes as Best Buy seeks to enhance its efficiency and respond to the evolving retail landscape. The company has not specified which departments will be most impacted by these cuts, but the layoffs are expected to have a significant effect on its workforce.

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.

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SOURCE
News reporting
View original source ↗
B
Best Buy Co., Inc.BBY
Consumer Discretionary · 85,000 employees
10
EVENTS TRACKED
106
JOBS IN WARN FILINGS
View company profile

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CREATED DEC 28, 2025LAST UPDATED AUG 12, 2026