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Circuit City to fire more than 3,400 workers

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Nomad559 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-29-07 02:57 PM
Original message
Circuit City to fire more than 3,400 workers
http://www.msnbc.msn.com/id/17837882/

A new plan for layoffs at Circuit City is openly targeting better-paid workers, risking a public backlash by implying that its wages are as subject to discounts as its flat-screen TVs.

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.

The laid-off workers, about 8 percent of the company’s total work force, would get a severance package and a chance to reapply for their former jobs, at lower pay, after a 10-week delay, the company said.
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-29-07 02:59 PM
Response to Original message
1. Please let Circuit City know how you feel about this:
They have an online contact form, very easy to do.

http://www.circuitcity.com/cs_customer_email.jsp?c=1
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Castleman Donating Member (166 posts) Send PM | Profile | Ignore Thu Mar-29-07 03:08 PM
Response to Original message
2. Too bad we allowed the unions to die....
A couple of crowbars across the knees of a few execs and this would never happen. Just another big company letting the execs become billionaires at the expense of the working man. Nothing new to see here, move along, just get what you want, screw your fellow workers.
OR you could act like REAL Americans and tell Circuit City where they can shove this bullshit plan of theirs. Tell them you'll be back to shop in their stores when the execs all take 75% pay cuts and NO hourly workers get laid off.
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BonnieJW Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-29-07 03:13 PM
Response to Reply #2
3. I used to work
for a large company that was experiencing hard times. We all loved the president. This was his plan for getting the company back on its feet. They asked all the employees to come up with suggestions to save money. They froze salary increases and instituted a hiring freeze. They did not pay out bonuses to anyone for a couple of years. But the big one was that if any vice president suggested laying anyone off in his department to save money, the vice president had to be the first to go.
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