Best Buy Health plans to lay off 161 staffers, according to a California Worker Adjustment and Retraining Notification.
The company said the employees, based in Carlsbad, Calif., would be laid off Sept. 12, per the July 8 WARN notice.
The tech retailer, which has partnered with health systems on hospital at home, reported in May that it was restructuring its health division and had incurred $109 million in charges mostly tied to that move. In June, Best Buy Health sold Current Health, a remote monitoring company it bought in 2021 for $400 million.
“The part that has been harder and taken longer to develop than we initially thought is some of the very discrete in-home health that we are providing in partnership with some of the healthcare industry,” Best Buy CEO Corie Barry said in a May earnings call.
Becker’s reached out to Best Buy for comment.
