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Best Buy is laying off more employees as it reckons with falling sales

Tags: new
DATE POSTED:June 11, 2024
A Best Buy store with a very angular fascia. Image: Best Buy

Best Buy carried out another round of layoffs and job restructurings last week, with the company cutting some of its sales staff and reducing the pay for others, according to current and former employees who spoke with The Verge. Multiple people said their new pay will be much lower due to the changes.

The layoffs appeared to have mostly targeted in-home sales roles called designers, who would go to customers’ homes to help identify products that would work in their space. It’s not clear how many were let go, but designers who weren’t laid off have been moved into a different, largely in-store role. Also, pay scales for a similar, existing in-store “consultant” position were revamped.

Best Buy confirmed the layoffs in an email to The...

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Tags: new