Friday, March 30, 2007

I will never shop at Circuit City again...

There was a story on the news this morning about Circuit City and their new plan for their employees. They are laying off about 3500 employees...and they are basically the higher paid employees and replacing them with lower paid employees. So, they are firing the people who have been loyal to them and been with the company long enough to be making decent money.

Here are a couple of quotes from an article from USA Today:

The consumer electronics retailer announced Wednesday that it was immediately firing store associates "who were paid well above the market-based salary range for their role." New workers will be paid less, although Circuit City did not reveal the pay of the workers.


"We have and continue to pay competitive wages in the stores across the country, but we have to control costs," Circuit City spokesman Jim Babb says. "We've got to get our stores to adhere to wage ranges."

That is so angering to me...that Circuit City has rewarded long time employees...their knowledge and their loyalty with a pink slip. And the kicker is that the execs...their salaries for the last 3 years topped 35 million dollars, but it's the guy mkaing 12 dollars an hour who have to have their salaries cut.

So, yes...I will NEVER EVER shop at Circuit City again. If this is how they treat their employees...they don't deserve my business or anyone else's.

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