Folks, some more depressing news from the unfurling fiscal nightmare: Despite Circuit City’s announcement that they’re going straight to heck, Circuit City and Target, two of its major big-box competitors have announced planned layoffs for hundreds of more employees.
Best Buy offered voluntary severance packages to employees just last December, and although as many as people as 500 took the bait, Best Buy still wants to get rid of more employees fromo their Minneapolis home base. Target plans to close a distribution center, letting go of up to 500 workers, and they’ll be cutting back about 600 jobs at their corporate…



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