Saturday, December 22, 2007

Circuit City execs take senior sales firings to bank

You'd think with their stock down 75% since earlier in the year plus having canned more knowledgeable sales floor workers to try to eke out more profits that Circuit City would have no reason to retain much less reward their "talent". You'd be mistaken. "The Post reports that Circuit City's executive vice-presidents will get retention awards of $1 million each. That's 35 years worth of pay for one of sales clerks who earned $14 an hour." Peace ... or War!

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