June/12/2009 16:23PM
1 interesting comment, join the discussionIn February of 2003, Circuit City issued a press release. The nub of it was this. The new CEO Alan McCollough said he was putting in motion a plan to save $130 million in payroll costs. First, scrap the commission plan and go to hourly wages. Next, can 3900 employees and shutter 10 repair centers. Read the full article…