Corporate plan cuts 3,400 higher-paid workers
http://www.coloradoan.com/apps/pbcs.dll/article?AID=/20070329/BUSINESS/703290329
...part of a corporate-wide plan to cut 3,400 higher paid workers and replace them with lower-paid new hires.
The electronics retailer, facing larger competitors and falling sales, said Wednesday that it would lay off about 3,400 store workers - immediately - and replace them with lower-paid new hires as soon as possible.
Circuit City spokeswoman Jackie Foreman said the Fort Collins store would immediately begin work to fill those positions.
"This was not an announcement of a reduction in force," she said. "We will work to fill the positions."
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They couldn't do this through attrition?
I am dumping my CC stock today and will not be doing any further business with CC.
If you feel the same, let them know.
[email protected]
http://www.coloradoan.com/apps/pbcs.dll/article?AID=/20070329/BUSINESS/703290329
...part of a corporate-wide plan to cut 3,400 higher paid workers and replace them with lower-paid new hires.
The electronics retailer, facing larger competitors and falling sales, said Wednesday that it would lay off about 3,400 store workers - immediately - and replace them with lower-paid new hires as soon as possible.
Circuit City spokeswoman Jackie Foreman said the Fort Collins store would immediately begin work to fill those positions.
"This was not an announcement of a reduction in force," she said. "We will work to fill the positions."
=========
They couldn't do this through attrition?
I am dumping my CC stock today and will not be doing any further business with CC.
If you feel the same, let them know.
[email protected]