Columbia College Chicago
Library

Monday, April 02, 2007

The (non) coverage of layoffs

An essay from today's NYT: When executives at Circuit City decided last Wednesday to cut costs by laying off 3,400 of their most experienced salesclerks, they undoubtedly went through a number of calculations: that they could save $250 million over two years; that consumers are inured to bad service; and that the layoffs would be a one-day blip in the news.

They were right about the last part...Read the whole article HERE

No comments: