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...many consumers, however, Circuit City's most obvious failing was its customer service. In March 2007, it announced plans to lay off its highest-paid hourly employees, including salespeople, and replace them with cheaper workers. That same year, then CEO Philip Schoonover received some $7 million in compensation. It may come as no surprise, then, that a quick Web search on "Circuit City complaints" brings up hundreds of thousands of entries...

Author: /time Magazine | Title: Why Circuit City Busted, While Best Buy Boomed | 11/11/2008 | See Source »

...fresh layoffs, there are rays of light peeking through the dark employment landscape - if you're seeking work in the right places. With consumers curbing discretionary spending, it makes sense to home in on recession-proof industries. "Health care has been the bulwark of the economy," says John Challenger, CEO of the global outplacement firm Challenger, Gray and Christmas. With proper medical attention a bedrock need, Challenger says a "wide swath of companies" have a need for physical therapists, nurses, medical records technologists and digital imaging specialists. Healthcare is also the industry showing the most growth in unionization, says Gordon...

Author: /time Magazine | Title: A Few Bright Spots Amid Rising Unemployment | 11/7/2008 | See Source »

...could close every health center in Cambridge and not come close to meeting a $55-million reduction in funding,” CHA CEO Dennis D. Keefe said...

Author: By Sarah J. Howland, CRIMSON STAFF WRITER | Title: Seniors Decry Local Clinic’s Closing | 11/7/2008 | See Source »

Current position: CEO of Chicago Public Schools...

Author: /time Magazine | Title: Who Will Obama Pick as Secretary of Education? | 11/7/2008 | See Source »

...either with an infusion of cash or an agreement to assume a sizable chunk of the troubled casino operator's debt. "We are working closely and are in dialogue with Marina Bay Sands [Las Vegas Sands' Singapore subsidiary] to facilitate the completion of the project," says Margaret Teo, Assistant CEO of the Singapore Tourism Board. She declined to provide further financial details...

Author: /time Magazine | Title: All Bets Off for Las Vegas Sands' in Singapore? | 11/7/2008 | See Source »

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