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Borders Group lays off more employees at Ann Arbor headquarters [View All]

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

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