How's the world treating you today? Count yourself lucky if you are not one of the 3400 employees of Circuit City who were dismissed so the company could hire new workers at a lower wage.
Circuit City's plan to fire 3,400 will have ripple effects USA Today by Stephanie Armour
BTW the fired workers will be eligible for rehire in 10 weeks at the lower wage.
Market Watch Circuit City swings to loss By Angela Moore & Jennifer Waters
Reasons given for the fourth quarter market share loss:
falling prices in television sets,
changes in the television category
changes in the PC category."
higher energy prices
a lackluster housing market
and BINGO, they finally got it almost right,
weakening consumer confidence
they forgot to add:
in the decision making ability of Circuit City management.
