Tag Archives: Redundancies

Sharp reports 2,000 job cuts in Japan, more changes expected

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There was little doubt jobs would be on the line after Sharp’s significant Q1 losses, but now it’s official. Following a board meeting today, the company has joined the likes of RIM, Sony and HP, announcing the “voluntary retirement” of around 2,000 …


Best Buy details its 50 big box store shutdowns in the US, most will close by May 12th

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We knew Best Buy planned to close 50 of its big box retail locations by the end of its 2013 fiscal year, and now (just days after Mike Mikan took the CEO-reigns from Brian Dunn) it’s detailed all of the stores that’ll be getting the boot. As it stands…


Best Buy to close 50 big box US retail stores, open 100 Mobile stand-alone outlets in 2013

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Still driving to your local Best Buy to fondle all the latest gadgets before swiping your card, or hopping to the web to pull the trigger? That tradition could be short-lived, if you happen to live near one of 50 big box retail stores that the company…


Best Buy to close UK operations, 1,100 jobs in jeopardy

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Best Buy Europe, the joint venture between Best Buy Inc. and Carphone Warehouse, has been shuttered after just 18 months in business. In that short amount of time, it lost £80 million ($127 million), largely due to consumer belt-tightening a…