Best Buy cuts 5,000 jobs, including 750 in Canada

NEW YORK -- Best Buy said Thursday that it laid off 5,000 full-time store workers earlier this month, even as the company's sales soared during the pandemic as homebound people bought laptops, TVs and other gadgets. The company said it cut the jobs because more shoppers are choosing to buy online instead of coming inside its stores. Best Buy said it will replace the 5,000 full-time employees with 2,000 part-time workers.-- More...