Re: Circuit City Layoffs



Since they admit that they are replacing these workers with cheaper
new hires, it would be interesting to calculate how much they are
actually going ot save...for instance, say a longtermer is making
$40,000 a year and a replacement is going to make $30,000 a year, they
save $10,000 per fired employee per year.

My guess is that a longtermer was making $30,000-$35,000 or so plus benefits
(not great, but a lot better than the average Blockbuster clerk), and that
the new hirees will be making minimum wage. But your point remains the
same.


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