[LUNI] OT: Circuit City and the American Dream

[sean-lynch at sean-lynch.com]

So if you do a good job, and get raises you can expect to 
get fired?

The trick is to do a mediocre job, and not get fired for 
being too good or too bad?

Circuit City could start a new ad campaign:

"At Circuit City we strive to give you kind of good 
service. Well, sort of."

If they are publicly traded, I'd sell the stock now. This 
is a very bad sign.

On Mon, 02 Apr 2007 12:04:08 -0700
  Mike Scott <luni at pyewacket.org> wrote:
> I saw this on Slashdot.  Talk about a morale boost.
> It's sure to become the latest craze in corporate 
>America.
> Call it "In-Sourcing".
> 
> http://www.signonsandiego.com/news/business/20070329-9999-1n29circuit.html
> 
> "Circuit City said yesterday that it had fired 3,400 of 
>its highest-paid
> sales staff ? 8% of its employees ? and will replace 
>them with
> lower-paid workers. Sign On San Diego called this 'a 
>risky strategy to
> cut costs that goes beyond the layoffs, buyouts and 
>hiring freezes
> commonly used by struggling companies.' The fired 
>workers have a chance
> to apply for lower-paying positions after a 10-week 
>wait, the company
> said. Quoting a Circuit City spokesman: 'This is no 
>reflection on job
> performance... We deeply regret the negative impact. 
>Retail is
> extremely competitive, and if we're going to thrive and 
>operate a
> successful company... we just have to control costs.' 
>So: work hard,
> become the best in your field, and get fired so they can 
>offer you a
> new job 10 weeks later at a lower salary."
> 
> - Mike Scott
> 
> -- 
> Linux Users Of Northern Illinois - Technical Discussion 
> http://luni.org/mailman/listinfo/luni
>