Thursday, March 29, 2007

WSJ: Business: "Wage Management Initiative"===Fired/Rehired for Less---Rare?-Circuit City

Click on the post for the story in today's Wisconsin State Journal about the "rare" Circuit City management move to fire and then hire new at lower wages for some Madison employees. In the article, it is described as a very rare practice, and one that may backfire for Circuit City as it tries to compete with Best Buy and others in the electronics business where the all important customer service is one of the areas that they had hoped to compete in.

The trivia question for the day: Where have you seen this "rare" management practice utilized before in Evansville?

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