Best Buy cuts 400 jobs to save $150 million

Posted: February 27, 2013 at 1:27 a.m.

Best Buy, the world’s biggest consumer electronics retailer, cut 400 jobs at its headquarters as Chief Executive Officer Hubert Joly works to reduce costs.

This story is only available from our archives.

Business, Pages 24 on 02/27/2013


« Previous Story

Storm repairs boost Home Depot profit

Home Depot on Tuesday reported a fourth-quarter profit that topped analysts’ estimates as shoppers spent more on projects and superstorm Sandy repairs. The company also rai... Read »

Next Story »

Good reports cue Dow charge

A jump in home sales and strong earnings from The Home Depot Inc. helped the Dow claw back more than half of its losses from Monday. Improving consumer confidence also brou... Read »