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The following technology did not exist: Personal or home computers, desktop publishing, the Internet, and digital TV. Today we have all of the above, including HDTV in 5.1 surround sound home theater! There are "3-D" TVs that use the traditional double picture out of phase, that gives the illusion of 3-D when you wear special eye-wear. This is similar to an I-Max presentation.
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In 2003, Circuit City converted to a single hourly pay structure in all stores, eliminating commissioned sales. Many previously commissioned sales associates were offered new positions as hourly "product specialists", while 3900 salespeople were laid off, saving the company about $130 million a year.[5] Associates in both the domestic and international segment receive frequent training through interactive E-learning courses hosted on the company intranet known as ccity.com. In the beginning, the E-learning courses were developed in conjunction with Circuit City's training department and DigitalThink. As of 2007, all coursework is developed internally and the deployed and hosted on an LMS system by Convergys, my employer since 11/05. In a press release on March 28, 2007, Circuit City announced that it had laid off approximately 3400 of their associates who were paid above the salary range for their position in order to cut costs. In April 2008, video rental firm Blockbuster launched a takeover bid worth over $1 billion.[3]
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