Best Buy - Best Buy has laid off over 5,000 employees

Time: 2021

Place: U.S.

Details: During the lockdown and increased frequency of working from home, caused by the COVID-19 pandemic, Best Buy announced that its US online sales (increased purchase of computers, printers, tablets, fitness tech, and other gear) for the Q2 of 2020 had tripled. Despite these revenues, Best Buy has laid off over 5,000 employees in early 2021, along with forcing many others into part-time positions.

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