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Borders Group lays off more employees at Ann Arbor headquarters

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daggahead Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-11-10 12:59 PM
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Borders Group lays off more employees at Ann Arbor headquarters
Posted: Aug 11, 2010 at 11:27 AM

Borders Group Inc., which is battling a continuous revenue slide and massive industry changes, laid off more employees at its Ann Arbor headquarters this morning, a spokeswoman confirmed.

The job cuts come as the book store chain is placing a heavy emphasis on its new electronic books strategy in the midst of major structural challenges to its core business model.

More at http://www.annarbor.com/business-review/borders-group-l...
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