Thread regarding Charlotte Russe Holding Inc. layoffs

A few years ago CR had $1 billion in sales, then $900 million now less than $800 million. At $1 billion they were close to bankrupt and had to sell to Advent to avoid bankruptcy. I don't think CR is doing that great... only way to keep going is to keep the costs down. Fire more people, give them fewer benefits, make them work longer. Huh, tough to figure out why so many people are leaving. When the competition is doing great, and CR is doing terrible, its time to leave. If you can't see the writing on the wall, then you are a retard and belong at CR.