Household HSBC Watch

Best Buy IT workers filed a class-action lawsuit last Wednesday claiming that the Richfield, Minn.-based electronics retailer engaged in a pattern of age discrimination in terminating their jobs. The plaintiffs range from 40 to 71 years old, and their average age is 51, according to the lawsuit, which was filed in U.S. District Court in Minnesota. The charges relate to layoffs that were announced in April, when Best Buy said it planned to outsource its IT operations to Accenture Ltd., and to a smaller round of cuts that took place in October 2003.

Consumer advocacy organization Household - HSBC Watch said Best Buy’s credit card financing is done by HSBC Finance Corporation, formerly Household International and Household Retail Services. Their complaints are shown here.