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Borders USA Makes Store Layoffs In What Employees Dub 'Black Thursday'

Posted at 8:10PM Monday 08 Mar 2010

It took a little longer than employees thought, but the expected cuts in the store workforce at Borders began last week in what employees on various blogs are calling "Black Thursday." The number of cuts its unclear, and the retailer had only a vague response when asked for clarification of how many jobs were eliminated. "Borders is always looking for opportunities to improve performance and profitability. Any recent changes are a continuation of our efforts," a Borders statement read.

PW




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