16 January 2009

Timeline on Demise of Circuit City

Open up this link and you can see a visual timeline on the demise of Circuit City, one of the most unethical and greedy corporations in recent memory. Their looming complete demise is a triumph for workers and electronics professionals everywhere. This corporation was doing fine until March 2007 when they decided to fire all their hourly employees with years of product expertise and knowledge if they were making over $8 per hour. The stock price subsequently dropped by 98 % in a matter of 20 months, dooming them to die.

If a corporation runs itself so stupidly, so foolishly, so greedily, so arrogantly, and with so little vision, it deserves to die a harsh and vicious death...

http://www.denverpost.com/breakingnews/ci_11470003

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