Thursday, March 05, 2009

Borders Slices Over 700 Mid-Level Managers in Stores

Galley Cat reports on Borders Group's latest round of cuts; this time 742 positions are being eliminated in stores, the vast bulk of them in the superstores. The cuts come out to a little more than one per store, and include positions as sales managers, inventory managers, training supervisors, and merchandise supervisors.

So individual Borders stores will be a little less good at selling, at controlling their inventory, training employees, and keeping track of their merchandise. Good luck to the laid-off in finding new jobs, and to those left behind in picking up the slack.

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