Man, I’m running out of places to buy electronics…
From Business Week:
Circuit City Stores said Mar. 28 that it’s planning to lay off around 3,400 store employees – but only to hire them again at lower wages. The Richmond, (Va.) consumer electronics retailer will also outsource its information technology department and possibly sell its Canadian unit InterTAN, in an effort to manage costs and survive better in its battles against rivals.
The company is handing pink slips to store associates that were paid higher salaries than the market rate, in order to hire people at the going rate instead.
Firing higher-paid employees and hiring new people at the minimum…now that’s a classy move…and one that makes me never want to set foot in a Circuit City again.
there’s always newegg.