Circuit City Closes 155 Retail Stores - Releases List of Locations
As rumored last week, Circuit City made good on it’s promise to close down 155 stores. The company issued a press release on the matter and also offered up a list of the affected locations. They’ve also vowed to “reduce future store openings.”
CLICK HERE TO READ MORE EA to Lay Off 600 Employees Resulting in Six Percent Reduction in Workforce
Popular video game maker EA has announced that it will be laying off 600 people in the coming months. This will reduce their workforce by approximately six percent. The company has remained profitable throughout the economic downturn and the move is being seen as a precautionary measure.
CLICK HERE TO READ MORE Motorola to Layoff 3,000 Employees - Most From Handset Division
Motorola will be laying off 3,000 employees, most of them in the handset division, as part of an $800 million expenditure cut planned for 2009. The company laid out the cut at their recent Q3 earnings call.
CLICK HERE TO READ MORE
© Copyright NerdGrind 2007 - 2009. All rights reserved.