Best Buy Trims Jobs After It Cuts Sales and Profit Forecast Citing Surging Inflation

Best Buy Trims Jobs After It Cuts Sales and Profit Forecast Citing Surging Inflation

Best Buy, the nation’s largest consumer electronics chain, is trimming jobs in an effort to adjust to new changes in consumer behaviour as the virus wanes. Best Buy declined to say how many jobs it was cutting, but The Wall Street Journal, which was first to report the news, estimated it…

Walmart’s PhonePe Planning to Move Its Headquarters From Singapore to India

Walmart’s PhonePe Planning to Move Its Headquarters From Singapore to India

Walmart group digital payments firm PhonePe is planning to shift its headquarters from Singapore to India, according to a source privy to the development. Flipkart, the largest shareholder of the firm, will continue to remain headquartered in Singapore and there is no decision to shift its base. When contacted, a…