"Termination Tuesdays" are when Best Buy employees worry about getting laid off

Categories: Best Buy
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The number of employees working at Best Buy's headquarters has fallen from 9,000 at its peak to about 5,000, the Strib reports.
Tuesday is a particularly tough day to go to work at Best Buy's corporate headquarters in Richfield, and not just because the week hasn't even arrived at hump day yet.

SEE ALSO: Best Buy ends work-from-home program

Best Buy's February announcement that it'd be laying off 400 employees didn't mean the remaining employees were in the clear, as throughout the year, smaller groups of employees have been getting laid off -- typically on Tuesdays.

In fact, according to a Star Tribune report, employees have taken to calling Tuesdays "Tornado Tuesdays" or "Termination Tuesdays."

"Whenever someone leaves their desk, we think that person just got laid off, when he or she might just be going to the bathroom," one unnamed employee told the Strib.

As part of the restructuring taking place in the wake of the disaster that was former CEO Brian Dunn's tenure, the company announced plans to cut $700 million in costs. According to the Strib, execs have so far trimmed about $300 million, with that number growing as the company lays off employees in groups ranging from single digits to up to 25.

While "Termination Tuesdays" makes Best Buy a more stressful place to work and certainly doesn't boost employee morale, one of the benefits of laying off employees in small groups is that it allows Best Buy to avoid the negative publicity companies receive when they lay off hundreds of workers at once.

Last month, Time, citing Best Buy's impressive stock performance this year, proclaimed that the company is back from the dead. That's good news for investors and execs, but not necessarily for the corporate rank-and-file -- especially on Tuesdays.

-- Follow Aaron Rupar on Twitter at @atrupar. Got a tip? Drop him a line at arupar@citypages.com.

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8 comments
brill029
brill029

If Best Buy's goal was to keep the layoffs quiet, they've badly miscalculated.  

Eric VonSchliesing
Eric VonSchliesing

The number of employees working at Best Buy's headquarters has fallen from 9,000 at its peak to about 5,000, the Strib reports.

Kathleen Mostrom Lehman
Kathleen Mostrom Lehman

The drive to work on Tuesday mornings must be awful if you're heading to Best Buy HQ's!

jo1glex
jo1glex

@cyle.greenwell  What this is is a re-write of a fairly in-depth article from the StarTribune.  Say what you want about that paper, it's a reliable local-business booster.

It's also incredibly unsurprising to anyone who is at all in tune with the local business vibe.  It's actually an understatement as to how bad morale is at Best Buy HQ these days.  I know you are a fan of the whole business cheerleader, MBA candidate, business/motivational mindset, but there's a lot more to success in business than some "Pump You Up" tapes and a 9-Step Plan To Running A Fortune 500 Company Out Of Your Garage in the Exurbs.

Before you call "propaganda," or "complete garbage," you might follow the linkies to the original story and read it, or get to know anybody who works or has worked in the past 2 years at BB HQ.

Onan
Onan

@cyle.greenwell  - Or you can take it up with the news agency that wrote the original article. Just a thought.

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