CompUSA to Cut Jobs at Internet Unit

CompUSA Inc., the nation’s largest computer retailer, said it will cut 200 jobs at its Net.com unit to cut costs. The cuts, all at the unit’s Marlborough, Mass., location, will result in a charge of $5 million to $8 million against CompUSA’s fourth-quarter results. The company also said it is recruiting executives for the unit and expects the realignment to take about three months. CompUSA has said weaker-than-expected sales will lead to losses in its fiscal third and fourth quarters. Analysts most recently predicted losses of 5 cents a share in the third quarter and 13 cents a share in the fourth quarter, according to First Call Corp.