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Submission Circuit City to fire thousands, demand cheap labor

rahga writes: "It's the dumbest move I've seen a tech retailer make recently... Circuit City will fire 3,400 employees, then offer them and others their job back if they are willing to go back to entry-level pay, from $11 to around $8. Justification is that they've been paying well over market values. In other words, they are now demanding salespeople that are as clueless as the guys in Wal-Mart's electronics department."

Nothing recedes like success. -- Walter Winchell