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June 10, 2010By Michael Cader

Borders Said to Lay Off Store-Based Paperchase Employees

June 10, 2010By Michael Cader

According to a message board populated by anonymous Borders employees, all store-based Paperchase merchandisers/managers in the over 337 in-store shops within Borders stores have been let go. Some posts on that same board suggest that regional managers are being given notice as well. One employee writes, “As I understood it, the entire Paperchase field team has been eliminated.” Borders spokesperson Mary Davis says that regional managers are not affected and will continue in their current roles. On the broader reductions, the company says: “Borders is always looking for opportunities to improve performance and profitability. The changes we have made in […]

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Filed Under: Bookstores, Finance

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