10 More Crushing 2012 Tech Industry Layoffs


Best Buy

CEO: Hubert Joly

Best Buy's just gone through a scandal-plagued CEO transition and also has plenty of workforce optimization to do. Back in July, it confirmed plans to cut about 2,400 jobs, including 600 employees of its Geek Squad services unit. The cuts are about 1.4 percent of Best Buy's global headcount of about 167,000, on top of the planned closing of about 50 stores that the company had announced three months earlier.