Circuit City to Close 567 Remaining U.S. Stores; Layoff 34,000 People
January 19th, 2009Via: Los Angeles Times:
Bankrupt Circuit City Stores Inc. said Friday it was closing its 567 U.S. electronics stores and leaving its 34,000 employees jobless as the nation’s employment picture grew bleaker.
It was the worst day this year for news of layoffs, bank losses and store closings, and employers signaled more bad news ahead.
