July 05, 2009
Crutchfield Corp. surviving recession with multistep approach
Crutchfield Corp. is finding its way through another recession, deeply cutting costs and trimming employee pay but avoiding layoffs. The Albemarle County-based company, now in its 35th year, also squeezed out a profit, and CEO Bill Crutchfield is optimistic as sales have begun to grow again. A new three-tier online business model to be rolled out in coming weeks and months has him eager and enthusiastic.
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