Guitar Center rang in the New Year by laying off 180 employees on Jan 28th. This follows what has been a shit-sandwich of a year for the music instrument retailer.
Marc Johnson for TheToneKing.com From all sides, it looks like Guitar Center may be in a slow spiral into oblivion. That sounds harsh, but things aren’t going well for the company and haven’t been for years. Moody’s downgraded them…again. S&P Downgraded them…again. They haven’t posted a net profit in several years. They’re […]