Best Buy (BBY -2.5%) cuts 400 jobs at its Minneapolis headquarters in a move which is part of a...

|About: Best Buy Co. (BBY)|By:, SA News Editor

Best Buy (BBY -2.5%) cuts 400 jobs at its Minneapolis headquarters in a move which is part of a sweeping plan to lop off $150M in expenses. An exec with the retailer says the cuts are company-wide, but won't include the "Blue Shirt" floor workers.