Best Buy To Layoff About 2,000 Managers Amid Poor Holiday Sales

By Matt Burns

Uh-oh. Even though Big Blue squeaked out a profit last quarter and beat Wall Street’s expectations, the retailer is planning its biggest layoff since July 2012. About 2,000 managers will lose their job, but no store closures are planned. According to the New York Post, the exact number of cuts have not been determined yet but it could reach 2,000 managers The company announced its 2014… Read More
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