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Best Buy gives pandemic-related bonuses to employees amid company layoffs – CNBC

The consumer electronics retailer has not said how many store employees will lose their jobs as part of a reorganization.

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Best Buy said it will pay pandemic-related bonuses to all hourly employees and give additional paid time off to those who get Covid-19 vaccines.
The consumer electronics retailer announced the bonuses on Tuesday, about two weeks after it confirmed it will lay off some store staff as part of a companywide reorganization. The layoffs were first reported by The Wall Street Journal. It did not say how much the bonuses will cost the company.
Best Buy’s sales have surged as consumers turned to its stores…

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