Tuesday, September 05, 2006

RadioShack lays off nearly 400 employees via e-mail

Fox news--

Fort Worth, Texas -- Employees at RadioShack's Fort Worth headquarters received an e-mail Tuesday morning telling them that they have been dismissed immediately.
" The notice stated: The workforce reduction notification is currently in progress. Unfortunately your position is one that has been eliminated. "

Spokeswoman Kay Jackson said that company officials told employees in the series a meeting that layoffs notices would be delivered electronically.
The company had announced August 10 and they would cut 400-500 jobs, mostly at headquarters, to cut expenses and "improve its long-term competitive position in the marketplace." RadioShack has also closed nearly 500 stores; consolidation distributions centers and liquidate slow-moving merchandise. E.g. Sales of cellular phones, a key item for RadioShack, have been disappointing.
Last month, the company hired former Kmart executive, Julian day, as chief executive after the previous CEO quit after admitting lying on his resume.

In my opinion, RadioShack was never the same after its founder Charles D. Tandy died.

3 comments:

Bobkatt said...

"You've got mail!"

Robin said...

or... pink slip 2.0

Anonymous said...

And they hired en ex K Mart exec....didn't that company lose its shirt? Bad form. Maybe the employees should deliver the summons via e-mail as well. (I smell a law suit)