Employment News
Borders To Cut 10 Percent of Corporate Staff
By victor | Dated: 01-28-2010
Citing a continuing decline in sales, Borders Group Inc. will lay off 10 percent of its corporate staff. The No. 2 bricks-and-mortar bookseller in the U.S., Borders is trimming 124 jobs in its finance and information technology divisions, Reuters reports. Around 88 of the affected jobs will come at Borders’ headquarters in Ann Arbor, Mich.The news comes on the heels of poor holiday earnings and the resignation last week of CEO Ron Marshall. Borders has about 22,500 employees and operates 515 superstores.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
EmploymentCrossing provides an excellent service. I have recommended the website to many people..
- Laurie H Dallas, TX
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
