Circut City fires 3,400 to replace with cheaper employees

I don’t think Wal-Mart would be able to get away with this. There would be too much backlash. USAToday: Circuit City to fire 3,400 workers, will hire lower-cost replacementsCircuit City Stores’ decision to lay off 3,400 employees in order to hire lower-paid replacements is raising questions about the impact of severe cost-cutting on employee morale. and Washington Post: Circuit City Cuts 3,400 ‘Overpaid’ WorkersCircuit City fired 3,400 employees in stores across the country yesterday, saying they were making too much money and would be replaced by new hires willing to work for less.

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