Circuit City Eliminates Headquarters Employees
Circuit City, in addition to its recently announced mass store closings and layoffs, has now eliminated hundreds of jobs from its corporate headquarters in Richmond, Va.
According to a report in the Richmond Times-Dispatch newspaper, the cuts will include 500-800 employees in the Richmond area. That's an addition to the more than 7,000 store employees let go less than a week earlier.
Several "upper management firings" also took place this week, the newspaper said.