Circuit City......bankrupt

[ItalynStylion 10+ year member]

I heard this earlier today.....thoughts, comments?

On a scale of 1 to Awesome; how much better off are all of us car audio freaks?//content.invisioncic.com/y282845/emoticons/crazy.gif.c13912c32de98515d3142759a824dae7.gif

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[ngsm13 5,000+ posts]

Great thread.

Thanks for providing us with some reliable sources/info...

//content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif

nG

 

[Rich B 5,000+ posts]

Blockbuster made an offer to buy them a couple of weeks ago.

 

[phildapimp89 10+ year member]

They'll get bought out for pennies before they go bk.

 

[Randy Savage 5,000+ posts]

I worked as an installer there for over 2 years. Business in our district was good when I started, and progressively took a nosedive over the two-year period.

I cannot speak for Circuit City's all over the country, but as far as my district, there was such a high rate of manager turnover, it was impossible for a store to run smoothly and effectively.

If it's true, I saw this coming when I left.

 

[JCJetta 10+ year member]

As a former employee of some 8 years ago, it's a shame to watch this could-have-been store fall to ruin.

 

[duece212 5,000+ posts]

Circuit city is the one that laid off a ton of good paid employees to hire a bunch of cheap new labor. I'm glad they went down if this is true, shows that ******* tactics hurt the employee AND the company.

 

[HellsRise 10+ year member]

Not true. That blockbuster offer was made quite a while ago...news of it leaked just a few weeks ago. Circuit city has quite a few millions in the bank yet...we're not going anywhere yet

 

[craigzter 10+ year member]

Circuit city is the one that laid off a ton of good paid employees to hire a bunch of cheap new labor. I'm glad they went down if this is true, shows that ******* tactics hurt the employee AND the company.

agreed.//content.invisioncic.com/y282845/emoticons/cool.gif.3bcaf8f141236c00f8044d07150e34f7.gif

 

[WhoSayWho? 5,000+ posts]

I worked as an installer there for over 2 years. Business in our district was good when I started, and progressively took a nosedive over the two-year period.
I cannot speak for Circuit City's all over the country, but as far as my district, there was such a high rate of manager turnover, it was impossible for a store to run smoothly and effectively.

If it's true, I saw this coming when I left.

They may or may not have mentioned this when you were working there, but I actually was an employee many years ago.

Back then the company was great. Seriously. At the store I warked at I would guess that the average salesperson was in his/her 30's and making some pretty decent money for retail. They actually taught you about the products and how to sell.

 

[shavenblazer 10+ year member]

I work there but i will be glad to see the place go.

 

[na_rsx 10+ year member]

i guess no more threads about $12k installs then //content.invisioncic.com/y282845/emoticons/frown.gif.a3531fa0534503350665a1e957861287.gif

 

[richierich75 10+ year member]

Circuit city is the one that laid off a ton of good paid employees to hire a bunch of cheap new labor. I'm glad they went down if this is true, shows that ******* tactics hurt the employee AND the company.

hmmm, massive layoff's due to outsourcing for cheap labor and having it effect the workforce, the company and the economy - now where have I seen this before //content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif

 

[richierich75 10+ year member]

I work there but i will be glad to see the place go.

because you have another job at Best Buy right? Or do you plan to collect unemployment and welfare to get you by?

 

[WhoSayWho? 5,000+ posts]

I think a lot of this may have to do with the fact that a CC roadshop manager told me that Sundown amps were not 1 ohm stable because: a. very few amps are, and b. he had never heard of Sundown.