Circuit City closing today

Circuit City wants to pay execs $2.3 million in bonuses
The expanding financial crisis ha retailers hard, but none as big as Circuit City, the nationwide electronics store that on Sunday is closing its remaining 500 plus stores, letting go 34,000 employees. Among those are 105 people who worked at the Paramus branch, where employees stood in the mostly empty store today wearing glum looks on their faces. Many told ABC News they have been assiduously applying for jobs, but to no avail. Store manager Chris Varate does not know how he is going to support his two children and pay his mortgage. - From ABC News
Published 3/8/09 by

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