Best Buy plans involuntary redundancies

US-based consumer electronics retailer Best Buy has announced plans for involuntary redundancies at its headquarters. The announcement follows the company offering voluntary redundancy to its employees last year. Spokeswoman Sue Busch Nehring said in an email that further details would be released on 19 February. The company said about 500 of its slightly less than 4,000 headquarters workers had accepted the voluntary exit packages. Busch Nehring said laid-off employees were expected to receive less severance than workers who are leaving voluntarily.

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