Best Buy was eating their lunch, breakfast, and dinner. So in response, they laid off their highest paid sales staff and replaced them with cheaper alternative

Best Buy was eating their lunch, breakfast, and dinner. So in response, they laid off their highest paid sales staff and replaced them with cheaper alternatives. Even the reduction in payroll expenses couldn't save them (might have been too little too late). Not only were the competing with BestBuy, but also with more efficient competitors such as Amazon and NewEgg.