Best Buy trims jobs after it cuts sales and profit outlook

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Best Buy trims jobs after it cuts sales and profit outlook
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Best Buy declined to say how many jobs it was cutting, but The Wall Street Journal, which was first to report the news, estimated it involved hundreds of jobs at the store level

FILE - Pigeons walk across a parking lot outside the Best Buy store on Dec. 10, 2020, in Manchester, N.H. Best Buy, the nation's largest consumer electronics chain, is trimming jobs in an effort to adjust to new changes in consumer behavior as the virus wanes. The company declined to say how many jobs it was cutting, but The Wall Street Journal, which was first to report the news Friday, Aug. 12, 2022, estimated it involved hundreds of jobs at the store level.

. “We’re always evaluating and evolving our teams to make sure we’re serving our customers," Best Buy said in a statement emailed to The Associated Press. 'With an ever-changing macroeconomic environment, including customers shopping more digitally than ever, we have made adjustments to our teams that include eliminating a small number of roles.”

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