DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Circuit City to Close Some of its Stores & Slash Jobs.

**adarmaSen** · 01-18-2009, 05:04 AM

Yeah, I KNEW that this would happen real soon. I suspected it when it was revealed that their shares began to plummet.

No stores in Massachusetts are affected as of now.

Boy! I'm so glad that I don't have to do hard labor woork any more!!

But I know what it's like to be working for a co that has filed for bankruptcy. Next will come tons of job cuts (layoffs), paycuts, cuts in benefits, shift changes, the whole nine yards!

I've been through it all before.

It's offical now!

Circuit City is going out of business and will close ALL of its stores nationwide.

This comes on the heels of them not being able to find a buyer to help get them out of the financial slump they're in and also the sagging economy.

In addition, thousands of employees will lose their jobs, forcing them to sign up for unemployment payments.

No word on when the liquidation sale begins yet.

This might be the chance to buy that big-screen HD TV that you've been thinking about getting!

01-18-2009, 05:04 AM	#14
adarmaSen Join Date Oct 2005 Posts 368 Senior Member	Yeah, I KNEW that this would happen real soon. I suspected it when it was revealed that their shares began to plummet. No stores in Massachusetts are affected as of now. Boy! I'm so glad that I don't have to do hard labor woork any more!! But I know what it's like to be working for a co that has filed for bankruptcy. Next will come tons of job cuts (layoffs), paycuts, cuts in benefits, shift changes, the whole nine yards! I've been through it all before. It's offical now! Circuit City is going out of business and will close ALL of its stores nationwide. This comes on the heels of them not being able to find a buyer to help get them out of the financial slump they're in and also the sagging economy. In addition, thousands of employees will lose their jobs, forcing them to sign up for unemployment payments. No word on when the liquidation sale begins yet. This might be the chance to buy that big-screen HD TV that you've been thinking about getting!
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