Circuit City Cuts More Jobs, 200 in Richmond
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Circuit City Stores, the second-largest U.S. consumer-electronics chain, said it is cutting about 850 jobs in the United States, on top of 3,400 eliminated in March, as it realigns store management.
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Circuit City Stores Inc. (CC.N: Quote, Profile, Research) , the No. 2 US electronics retail chain, on Monday reported lower quarterly sales at stores open at least
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P&amp;O says it will cut up to 1,200 jobs and slash services as part of a review to reduce costs at its loss-making ferries business.
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Circuit City Stores Inc. reported a smaller-than-expected loss in the third quarter on store efficiencies and higher extended-warranty sales, but the retailer's top executive said holiday sales have been slower than expected so far.
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The bookseller said it was closing its Internet distribution center in Memphis, eliminating 200 jobs.
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By ZINIE CHEN SAMPSON  RICHMOND, Va. - Electronics retailer Circuit City Stores Inc. said Wednesday it lost $54.6 million in the first fiscal quarter - when it cut jobs to reduce costs and restructured to fend off competition - and withdrew its earnings guidance for 2008.
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RICHMOND, June 20 -- Electronics retailer Circuit City, which earlier this year cut jobs and restructured in an effort to keep up with competitors, reported a $54.6 million quarterly loss Wednesday and withdrew its financial guidance for fiscal 2008.
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Circuit City Stores Inc. (CC.N: Quote, Profile, Research) on Tuesday reported a 2.9 percent gain in quarterly same-store sales but its growth lagged estimates due to a calendar shift and reduced spending through August.
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LONDON, December 1  - Bombardier Inc (BBD.B.TOR) announced today plans to cut 2,200 more jobs at its train manufacturing unit, while reducing the production of its 50-seater regional jets, after having reported lower-than-expected third
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Circuit City Stores Inc.  said on Thursday it plans to shift some 640 store managers and trim its headquarters staff, the latest step in the consumer electronics retailer's turnaround plan.
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Circuit City Stores Inc. reported a smaller-than-expected loss in the third quarter on store efficiencies and higher extended warranty sales, but the retailer's top executive said holiday sales have been slower than expected so far.
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Circuit City Stores Inc. on Tuesday  reported a 2.9 percent gain in quarterly same-store sales, but  its growth lagged estimates due to a calendar shift and reduced  spending through August.
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Electronics retailer Circuit City Stores Inc  posted a quarterly loss on Thursday as sales fell and the company cut jobs in an effort to turn business around.
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Circuit City Stores Inc. , the target of a $3.3 billion takeover bid by Boston-based Highfields Capital Management LP, plans to close 19 US stores, a warehouse, and five regional offices, eliminating as many as 973 jobs.
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TriQuint Semiconductor Inc. said Monday that it is cutting about 200 jobs as part of a plan to save $18 million per year by restructuring its optoelectronics business.
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Cardinal Health Inc. said it will cut 4,200 jobs as part of a three-year restructuring plan aimed at boosting annual earnings by $500 million.
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Circuit City Stores Inc. on Friday reported a narrower third-quarter loss from continuing operations as sales of higher-margin warranties and improved distribution helped offset weak merchandise sales.