I have to admit, this news isn’t as shocking as it should be to me. Circuit City has fewer stores than Best Buy in my area and they’re always empty. The electronics retailer says it’ll be closing eight stores in the US, 62 in Canada and a distribution center in Kentucky. The move comes as Circuit City tries to reduce costs among falling profits. About 270 employees total will be out of work until they realize the Best Buy down the block is hiring.
Circuit City will close 70 stores [Orlando Sentinel]
Interesting. A new Circuit City just opened up across from a Best Buy here in Raleigh, NC. I’ve got a friend that went from Best Buy to CC once they opened, another trying to get a job there.
Strange, I always see more people at our circuit city than our best buy. Then again, circuit city is the only good tech store on the pearl city side, whereas best buy is down in Honolulu right by office max, compusa, and so forth.
circuit city has always been my first place to look for what I needed. But after reading that circuit city plans on firing 3400 people because they make to much, well, I will no longer step foot in your stores. I’m talking to all my family, friends and who ever will listen, that they should not buy at circuit city. how can the C.E.O. of circuit city make all those millions and turn around an cut the pay of your workers? Those people need to make a living, how dare any of you say they make to much! If you do this, I will never again buy from your company. Joe Katula
Ok your supprised at how circuit city is viewed by others. The job cuts were made at the wrong end. But I guess the higher ups didn’t see it that way. Now you can see how not to run a company. Dam, I’m just glad I sold off when I got pissed off after they fired all those people. Hey upper management, your stupid.
listen I have been to both stores ccs is great so is bb but I think CCS has to start cuting the fat from the top and listen to there employees that are ten yr and more not fire them.WAKE UP…
In California it remains to be seen whether the firing of senior personell because “they make too much money” is tantamount to flagrant age discrimination. Gloria Allread, a despised media whore attourney is not known for taking loser class action cases that net no returns/convictions.The amount of money involved in the case far exceeds the amount saved by all workers from all states by this penny wise and pound foolish attempt at saving stock holder value which went in the toilit at this announcement of cheapness–well before the eminent downturn of the market. Suck-it City–Bye Bye.