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Best Buy Co. notified workers this week that it was cutting some jobs at its big-box stores, according to people familiar with the situation, as the retailer adapts to a world where more shopping happens online.
The company has reported skyrocketing sales in recent quarters as pandemic-weary shoppers stock up on appliances, videogame systems and other electronics. Comparable sales, those from websites or stores operating for at least 12 months, rose 23% in the quarter ended Oct. 31. Much of the gains came from online orders, which nearly tripled in the U.S. in the last quarter.
