RadioShack may have to lay off upward of 150 corporate employees and possibly shut its Forth Worth, Texas, headquarters if it is unable to restructure the business, the bankrupt retailer reported to a state labor agency.
“Struggling electronics retailer RadioShack may lay off 150 people and close its Fort Worth headquarters as part of its bankruptcy proceedings. The Fort Worth retailer sent a notice to the state about the potential layoffs, which are expected by late May.”