Struggling electronics retailer RadioShack may lay off as many as 150 people and close its headquarters in Fort Worth, Texas, as part of its bankruptcy proceedings, the Dallas Morning News reported. The Fort Worth retailer sent a notice to the state about the coming layoffs, which are expected by late May. In a letter to the Texas Workforce Commission, the company said that it is trying to "reorganize and emerge from bankruptcy as an ongoing business." It may have to close the headquarters, if it cannot come up with a way to restructure. Even if it does restructure, however, it may have to lay off employees, the letter said. RadioShack is going through its second bankruptcy filing in just over two years. It filed its most recent petition in bankruptcy court in Delaware in March. As part of that filing, the company said that it would close about 200 stores and consider options for the remaining 1,300 stores.
