Wednesday, March 28, 2007

Pop goes the american dream

Circuit City to Cut More Than 3,500 Jobs: Financial News - Yahoo! Finance: "RICHMOND, Va. (AP) -- Circuit City Stores Inc. said Wednesday it plans to cut costs by laying off about 3,400 retail workers, or 8.5 percent of its in-store staff, and hiring lower-paid employees to replace them. It is also trimming about 130 corporate information-technology jobs."

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