I'm sure we'll hear Circuit City executives soon enough arguing that this had absolutely nothing to do with this:
Circuit City fired 3,400 of its highest-paid store employees in March, saying it needed to hire cheaper workers to shore up its bottom line. Now, the Richmond electronics retailer says it expects to post a first-quarter loss next month, and analysts are blaming the job cuts...
In particular, the televisions showing disappointing results are "intensive sales" requiring more informed employees, [analyst Tim] Allen said. "It's a big-ticket purchase for somebody. And if they feel like they're not getting the right advice or are being misled by someone who doesn't know, it would be definitely frustrating. They will take their business elsewhere."