Don’t worry that you could be losing your job, because we’re opening new stores in China!That’s pretty much the gist of a memo from Best Buy CEO Brian Dunn’s corporate HQ to employees on the closure of two stores in Missouri and Arizona, according to Chris Morran at Consumerist.
While the memo was conceivably meant to comfort employees (Executives say they will work to find other jobs for workers affected by the closings and will give severance to those they can’t place), it also repeatedly mentions the retailer’s growth in China, according to the report.
From the memo:
Is this the beginning of more closings?
While we are closing this location, Best Buy has opened 106 stand-alone Best Buy Mobile stores this fiscal year with 22 more openings scheduled in February as well as 40-50 Five Star stores in China…
Is Best Buy opening new stores as a result of this closure?
While we are closing this location, Best Buy has opened 106 stand-alone Best Buy Mobile stores this fiscal year with 22 more openings scheduled in February as well as 40-50 Five Star stores in China. This closure is consistent with Best Buy’s stated goal of reducing overall square footage by 10-per cent in the next three to five years while also increasing our points of presence in different ways.
This is a bizarre move on the part of Best Buy executives. Sure, China stores may be able to boost the company’s profits. But why should that make employees on the brink of unemployment feel any better?
In the age of sensitivity regarding corporate outsourcing of jobs abroad, it seems to be in especially bad taste.
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