On 29Aug06 Radio Shack laid off 450 – 500 of it’s corporate employees…?

Question

On 29Aug06 Radio Shack laid off 450 – 500 of it’s corporate employees; how were they notified?



Radio Shack is has laid off approximately 400-450 employees at their headquarters in Fort Worth, Texas, and is in the process of cutting more of their fat by closing down 500 retail stores. There were a series of meetings pre-layoff that warned of the upcoming terminations.

Seeing 400 people filing down halls with their personal items cleaned out of their desks doesn't exactly have an overtone of privacy. If anything, it's the corporate equivalent of "walking the green mile." Coffee bars were set up on each floor, and laid-off Radio Shack employees met with supervisors and human resources personnel before leaving. Complimentary boxes and plastic bags were also distributed for employees to pack their personal belongings in. The employees that were let go were allowed 30 minutes to make calls and say goodbye to co-workers before they met with supervisors and human resources.

Answer 1

Poor Buggers...

No Idea, I am thinking personal email or Departmental Memo.

Answer 2

In response to your question for the best understanding go to your local library and ask the reference person to find several books on the theory. Trickle down works in some situations but as you point out in others it does not. Unless you read the theories yourself it will not really make sense.

Answer 3

Some companies have language in their contracts/ hiring agreements that allow companies to lay off without notification

Answer 4

Wow. I feel really sorry for them. Did they get any money or something to reconcile?