CARMAX firing people??

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DangerousDave
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CARMAX firing people??

Post by DangerousDave » Wed Oct 01, 2008 4:37 pm

America is in a bad way now. I'm not kidding. CarMax is about to shut down operations. My God. What are we going to do? Barney Frank calls it. I'm going to make a run on the anti-nausea pills, and maybe, some Sam Sam Adams Cherry Wheat, so so I can get drunk. :wink:
After the Chicken and the Egg, came the "Omelet"!

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kman
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Post by kman » Wed Oct 01, 2008 4:44 pm

Maybe it's not *that* drastic:

From: http://www.marketwatch.com/news/story/c ... dist=msr_4
CarMax to cut more than 600 jobs

By Wallace Witkowski
Last update: 3:03 p.m. EDT Oct. 1, 2008


SAN FRANCISCO (MarketWatch) -- CarMax Inc. said Wednesday it plans to cut more than 600 jobs from its service operations workforce. CarMax employs just over 15,600 workers. The used car retailer said most of the job cuts will occur at its superstores, and that about a third of the cuts are in response to recently reported lower sales. CarMax said it expects a charge of about $7 million in severance costs in the third quarter.

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