Retail

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

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People wear protective face masks outside Best Buy in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City.

Noam Galai | Getty Images

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…



Source cnbc.com

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