February 3, 2009

Borders cuts management positions to trim costs

According to Reuters, CNBC: “Struggling book seller Borders Group Inc said on Tuesday it was consolidating its corporate management structure at the vice president and director levels, eliminating six vice president and 10 director positions. Borders said it cut the position of executive vice president of U.S.”

~News submitted by upthecreek

1 Comment »

  1. I will buy at Borders instead of Barnes and Noble for getting rid of management first.

    Comment by myphotoscout — February 3, 2009 @ 5:23 pm | Reply

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