Borders Group is eliminating another 136 corporate positions, representing approximately 12 percent of their corporate employees, primarily from their Ann Arbor headquarters. The company says “the workforce reduction was spread across virtually all business areas, including marketing, human resources, field management and corporate sales. The reductions were made at various ranks, ranging from entry level to middle management.” New CEO Ron Marshall comments: “While reducing payroll is never easy and we respect the impact it has on employees and their families, it is one of the necessary steps we must take along with other non-payroll expense reductions to help get […]
