Connect with us

Hi, what are you looking for?

Contribution AmericansContribution Americans

Tech News

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

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…

Continue reading…

You May Also Like

Editor's Pick

On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson discusses the most important chart on all of StockCharts – your default ChartStyle! In addition...

Tech News

Photo: LinkedIn I almost didn’t get Pinpoint this morning. Here’s what it taught me about B2B sales. I’m kidding! But I have to admit...

Tech News

Photo by Kevin Sabitus / Getty Images Midnight Society, the game studio co-founded by Dr Disrespect, has terminated its relationship with the streamer. In...

Editor's Pick

Colleen Hroncich One of the most prevalent claims by opponents of school choice is that “public schools serve everyone.” This is asserted on social...