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November 12, 2013By Michael Cader

Widespread Layoffs At Follett’s College Bookstores

November 12, 2013By Michael Cader

On Friday, college bookstore operator Follett Higher Education Group announced widespread layoffs across their stores, eliminating 570 full-time positions. The memo from svp retail operations Bob Scholl was posted on a web site featuring comments from anonymous employees. The company is converting those full-time jobs into more flexible part-time positions, which the company strains to position as providing a better experience in stores for customers. According to the post, Scholl wrote: “Managers across many of our stores took a series of difficult actions tied to an important Follett initiative…. In order to deliver the hassle-free shopping experience that our customers expect, […]

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Filed Under: Bookstores, Finance

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