Skip to main content

2 Minnesota-based companies among nation's leaders in mass layoffs

Layoffs at Best Buy Co. Inc. and Supervalu Inc. landed both Minnesota-based companies on a list highlighting the biggest corporate layoffs during the first half of 2012. Business Insider compiled a list of the Top 16 biggest mass layoffs of 2012, which ranked Best Buy at No. 7 with 2,800 job cuts and Supervalu at No. 8 with 2,500 layoffs.
  • Author:
  • Updated:
    Original:

Layoffs at Best Buy Co. Inc. and Supervalu Inc. landed both Minnesota-based companies on a list highlighting the biggest corporate layoffs during the first half of 2012. Business Insider compiled a list of the Top 16 biggest mass layoffs of 2012, which ranked Best Buy at No. 7 with 2,800 job cuts and Supervalu at No. 8 with 2,500 layoffs.

Next Up

Kris Richard Severin
MN News

Hunt for inmate who escaped correctional facility in northeast MN

The 42-year-old might be in the Floodwood area.

Screen Shot 2022-05-18 at 6.16.34 PM
MN News

Suspect kills himself after shooting woman and baby at Fargo restaurant

The suspect was found dead in a stolen vehicle in Minnesota.

CK Kyle Kasio
MN News

Charges: Guest stabbed three men as they slept in Albert Lea

Investigators believe the suspect is related to all three victims.

Kandiyohi County Courthouse
MN News

2 charged for fentanyl overdose death of 19-year-old

The-19-year-old died from a fentanyl overdose last month.

storm, severe weather
MN Weather

Severe thunderstorm watch: Hail, 65 mph gusts, tornadoes possible

The watch is just north of the Twin Cities metro area.

Lake Minnetonka
Minnesota Life

The staggering rise of Minnesota's most famous lakes this spring

Imagine dumping Lake Minnetonka into Lake Superior 47 times.

Marijuana, cannabis
MN News

Minnesota Senate shoots down latest marijuana legalization attempt

The bill didn't receive the required votes for further consideration on Wednesday.

tree
Minnesota Life

Minneapolis wants to use $1M in federal cash to plant 200,000 trees

The goal is to have these trees planted by the year 2040.

Screen Shot 2022-05-18 at 12.54.22 PM
TV, Movies and The Arts

MOA theater to debut wrap-around, 270-degree movie screen

The new technology will expand the movie screen onto the side walls of the theater auditorium.

ambulance
MN News

Alcohol, no seatbelt possible factors in deadly southwest MN crash

The crash happened just before 9 p.m. Tuesday.

LinoLakes_MN_FB
MN Business

Target shares plunge on profit drop, as costs grow and customers spend less

First quarter profitability declines 52% year-over-year.

Trevor Scott May
MN News

Driver ejected in fatal Roseville crash identified as 30-year-old

The crash temporarily shutdown westbound Highway 36.

Related

MN News

Fortune Global 500 list includes six Minnesota companies

UnitedHealth Group, Target, Best Buy, Supervalu, 3M and Inver Grove Heights-based CHS are among Fortune’s list of the biggest companies in the world. Twin Cities Business reports all the Minnesota companies were on the list last year, but dropped in this year’s annual ranking, expect for CHS, who jumped 97 spots.

MN News

Five Twin Cities-based companies among "World's Most Ethical"

Ethisphere Institute selected 145 companies worldwide for the list. Best Buy, Ecolab, Mosaic, Target and Thrivent Financial for Lutherans were all on the list unveiled Thursday.

MN News

Target, Best Buy, Supervalu among retailers impacted by Hurricane Sandy

Minneapolis-based Target and Richfield-based Best Buy closed roughly 200 stores on the east coast because of Hurricane Sandy on Monday. Eden Prairie-based Supervalu closed about 20 of its Acme Market stores.

MN News

MN companies are perfecting equality

The Human Rights Campaign Foundation awarded 13 Minnesota corporations with perfect scores in their treatment of lesbian, gay, bisexual and transgender employees, including Best Buy, 3M and Medtronic.

MN News

Record-setting year for Minnesota's largest publicly owned companies

MN News

Best Buy among ten most hated companies in America

The Richfield-based electronics retailer was named by 24/7 Wall St. as one of the most hated. The website reviewed several factors including earnings, product quality, pricing and consumer satisfaction. Best Buy is sixth on the top ten list. Facebook, American Airlines and AT&T are the top three most hated.

MN News

5 Minnesota-based companies make list of 'World's Most Ethical'

MN News

Four Minnesota companies among "Most Admired"

Fortune Magazine's top 50 list includes 3M, Target, St. Jude Medical and General Mills. Maplewood-based 3M was the highest ranking Minnesota company in the 18th spot for most-admired companies. Best Buy did not make the list this year after being named the 36th most-admired company last year.