Circuit City Closes 155 Retail Stores - Releases List of Locations

Posted on November 3, 2008 at 8:31 am (PST)

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.”

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EA to Lay Off 600 Employees Resulting in Six Percent Reduction in Workforce

Posted on November 2, 2008 at 1:15 pm (PST)

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.

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Motorola to Layoff 3,000 Employees - Most From Handset Division

Posted on November 2, 2008 at 9:43 am (PST)

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.

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