On August 10,2006, RadioShack announced plans to eliminate more than four hundred jobs, one fifth of its company headquarters workforce, to reduce overhead expense and improve its long-term competitive position while supporting a significantly smaller number of stores.
RadioShack announced plans. This was on August 10,2006. This was to eliminate more than four hundred jobs to reduce overhead expense and improve its long-term competitive position while supporting a significantly smaller number of stores. More than four hundred jobs were one fifth of its company headquarters workforce.