Circuit City Cutting Back Retail Positions

May 31, 2007

As part of their restructuring plan, Circuit City will cut retail management positions across the country. About 200 jobs will be cut from their corporate offices.

Around 3,000 people work in the company's corporate office. They did not specify which positions would be cut. Circuit City is the nation's number two consumer electronics retailer behind Best Buy.

Circuit City says they will eliminate an average of one manager for each of their 654 stores in the U.S. CEO Philip Schoonover says the move is the second part of a three phase effort to reduce costs and improve financial performance.

The comments sections of are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we ask that you follow our rules for commenting. E-mail is required to comment on a story, but it will not be displayed with your comment. For complete rules, CLICK HERE. The Newsplex reserves the right to not post or to remove any comment.
powered by Disqus
The Charlottesville Newsplex 999 2nd Street S.E. Charlottesville, VA 22902 434.242.1919 – Main 434.220.7522 - Newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 7766862 -
Gray Television, Inc.