Best Buy job cuts target 2,000 managers around U.S.

  • Article by: Adam Belz and Steve Alexander , Star Tribune
  • Updated: February 27, 2014 - 6:36 AM

Best Buy is shedding 2,000 managers – about 1 percent of its workforce – after disappointing holiday season.

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jeffportFeb. 26, 14 3:05 PM

Online sales are killing this retailer/employees. Why go into the store if you can see the items & then buy the item online???

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bobajoulFeb. 26, 14 3:05 PM

renewed momentum or a dead cat bounce? Amazon is tough competition and Walmart is in the same market.

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theagonybhoFeb. 26, 14 3:05 PM

Everyones laying off, long term unemployed looking for a 5th extension and yet unemployment going down, gotta love Obamanomics.

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pitythefoolsFeb. 26, 14 3:15 PM

Cuts will be in middle management? So no Executives eh? Of course not. They'll get nice bonuses for laying off more people!

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rok919Feb. 26, 14 3:15 PM

getting leaner, reacting to a changing operating environment, reducing middle management, putting more emphasis on local governance. If only our government would see these things as positives, too. But no, unlike a business, they aren't beholden to stockholders or consumers. They just pull from the endless trough that is the taxpayer with nary a thought of who actually generates that money.

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takebackusaFeb. 26, 14 3:19 PM

Sad to say this but, "They're still open?" No doubt a dead business model, when a former customer like me never goes there. Sure I miss flipping through CDs and all, but Amazon has better prices and puts things right on my doorstep. Bye Bye Best Buy...it wasn't your fault.

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reetnhFeb. 26, 14 3:39 PM

That's a bummer. Hopefully everyone lands on their feet.

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jeeezwadFeb. 26, 14 4:32 PM

Obama comming here to talk about highway jobs? the guy is way too far out of touch.

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pragmatictafFeb. 26, 14 4:38 PM

"But no, unlike a business, they aren't beholden to stockholders or consumers. They just pull from the endless trough that is the taxpayer with nary a thought of who actually generates that money."=-=-If only we would have elected a 'business man' to run government, then we could have laid off the southern third of the U.S. before we broke it up and sold it off and put the profits in the Cayman Islands. The Romney 'business' model works so well.

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freedomallFeb. 26, 14 4:41 PM

We will see a big job crisis within the next couple of years as a result of technological advancement. My best bet is that Best Buy is laying off cashiers and other store members because everyone is doing their shopping online as many are given free shipping. Soon enough, cashiers from almost all retail outlets will be replaced by machines and more people will be at the unemployment line...

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