As we know, businesses need to make profit, so here goes the #2 electronics chain searching for more to appease the stockholders: Upon the announcement, their stock prices rose. But employees looking for a living wage may wish to work elsewhere. http://www.theday.com/re.aspx?re=175...2-e07f4e05e993 "A new plan for layoffs at Circuit City is openly targeting better-paid workers, risking a public backlash by implying that its wages are as subject to discounts as its flat-screen TVs. The electronics retailer, facing larger competitors and falling sales, said Wednesday that it would lay off about 3,400 store workers — immediately — and replace them with lower-paid new hires as soon as possible............................. The laid-off workers, about 8 percent of the company's total work force, would get a severance package and a chance to reapply for their former jobs, at lower pay, after a 10-week delay, the company said. While other companies, such as Caterpillar Inc., have introduced two-tiered wage systems, where newer workers make less, firing workers and offering to rehire them at a lower wage is very rare............................................ Circuit City, the nation's No. 2 consumer electronics retailer behind Best Buy Co. Inc., says the workers being laid off were earning “well above the market-based salary range for their role.” They will be replaced with employees who will be paid at the current market range, the company said in a news release................" So much for growing and prospering within this company? What ever happened to those days, when a company cared for its staff and they intern performed their best and supported the company? No wonder employees have no allegiances to companies these days, it is a two way reciprocal avenue of mistrust, use and misuse. Many Companies clearly care not for their employee's well being and that is reflected back to them. This helps show us why shoddy service and lack of pride is often the rule of the land in the workplace. Geez.............. Just what we all need, newbies that know not what they are doing ( as they are being trained,etc ) at a big box store. Are the cheaper prices we all seek really worth this reality, laying off to rehire at lower wages and/or replacements with less experience taking over key sales roles? Hmm, not ALL the big boxes are hurting and in turn hurting their staff: "Circuit City's cuts come at a time when other retailers are trying to put more knowledgeable workers on store floors. Home Depot Inc., whose new chief executive is struggling to re-ignite sales growth at its stores, said it has raised pay to attract skilled tradespeople, such as carpenters and electricians. Home Depot is adding 15,000 new jobs this year, according to spokesman Jerry Shields." Nice to see some gargantuan category killer companies are being supportive of their staff. Perhaps all is not lost in the workplace? Though my own experiences with layoffs, takeovers, downsizing and outsourcing may have permanently colored my views of the corporate word. Too bad CC is on the ropes and feels it has to do this, I think when/if word gets out their behavior there will be some backlash. But likely not enough to hurt it any more than all the untrained newhires will! I for one am through with them after this. Heck it took most of a decade for me to trust them again after their DIVX debacle!