Borders Group Lays Off 164 Employees

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By Jason Boog Comment

borderslogo23.pngNews broke this morning that Borders Group Inc. will lay 124 more corporate workers and 40 more warehouse employees. Earlier this week, Borders Group CEO Ron Marshall resigned and the company reported that total consolidated holiday sales were $846.8 million, declining 13.7 percent from last year.

Here’s more from AnnArbor.com: “The move–representing about 10 percent of its corporate workforce and 12 percent of staff at its Ann Arbor headquarters–was announced by e-mail to employees … Many of the affected Ann Arbor employees worked in computer systems, an area consolidated as the company announced layoffs and store closings of its Waldenbooks division in late 2009.”

AnnArbor.com also produced this short video segment outside the bookseller’s headquarters, reminding this GalleyCat editor of the long cold winters back home.

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