Circuit City Closing

[darendt]

irstupid said:

NJ5 said:
On the positive side, other retailers can now make more business and hopefully avoid the same fate.

In a big economic downturn, there's simply not enough space for as many companies as in the good times.

 

the positive side?  there is what 35,000 employees it said.  That means there are 35,000 people without a job as of now and need to look.  They ain't gonna be spending any money on wants right now.  This hurts the economy. 

 

CC did get rid of all there high paid employees for lower wage ones. So for a lot of them it shouldnt be that bad to get another job. Its the ones that actually made good money that will be hurting the most as those jobs are not around right now.