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CARMAX firing people??
Posted: Wed Oct 01, 2008 4:37 pm
by DangerousDave
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.
Posted: Wed Oct 01, 2008 4:44 pm
by kman
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.