Best Buy surrenders, job losses to follow

Posted on Monday, November 07 2011 @ 18:17 CET by Thomas De Maesschalck

Kitguru reports Best Buy is going to cut jobs, full details over here.

One of the world’s most successful electronics retailers has raided the white flag store and is preparing to surround its outlets with them. Looks like more than 1,000 people could be unemployed before Christmas. Bad news, but was it predictable?

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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