Circuit City Layoffs
Apparently Circuit City is laying off some of its “higher paid” work force to hire new employees at lower wages. The positions of the people being laid off *are not being eliminated* – just the higher level paychecks are. The people who are being laid off may re-apply for their current job 10 weeks after their severance. If they are re-hired, it will be at the new, lower wage. Of course, thats if their job hasn’t already been filled.
Now, I dont know about you – but I don’t see this as being a fair and just business practice – even in the face of competition. You can all make your own choices, but after reading this story, I’m not shopping at Circuit City again.
Here’s a link to the story about 4 workers in Fort Collins who were laid off.
