Circuit City Gives Up
Circuit City Canada
From the CNN article:
"Circuit City also operates about 765 retail stores and dealer outlets in Canada. The company said its Canadian operations, which employ 3,000 workers, will continue to operate."
Thats good news for Canadian workers BUT if you do the math thats less than 4 people work at each store??
Are Canadas CC a lot smaller than here in the US??
"Circuit City also operates about 765 retail stores and dealer outlets in Canada. The company said its Canadian operations, which employ 3,000 workers, will continue to operate."
Thats good news for Canadian workers BUT if you do the math thats less than 4 people work at each store??
Are Canadas CC a lot smaller than here in the US??
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Jrockemsockem said:
From the CNN article:
"Circuit City also operates about 765 retail stores and dealer outlets in Canada. The company said its Canadian operations, which employ 3,000 workers, will continue to operate."
They probably are not counting "dealer outlet" employees as "employees of circuit city.
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I have read that it was 30,000 employees.
From Foxnews James Marcum, vice chairman and acting president and chief executive officer, said in a statement.
“Regrettably for the more than 30,000 employees of Circuit City and our loyal customers, we were unable to reach an agreement with our creditors and lenders to structure a going-concern transaction in the limited timeframe available, and so this is the only possible path for our company."
From Foxnews James Marcum, vice chairman and acting president and chief executive officer, said in a statement.
“Regrettably for the more than 30,000 employees of Circuit City and our loyal customers, we were unable to reach an agreement with our creditors and lenders to structure a going-concern transaction in the limited timeframe available, and so this is the only possible path for our company."
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Read the thread title..... Notice that we are discussing Circuit Citys in CANADA.... 🙄
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Like the OP said, but worded differently, the 765 includes the Circuit City stores and the dealers. Circuit City does not directly employ the dealers, so the actual number of company owned stores is much smaller.
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This forum is closed.
