Banner - Funko

Banner - Jujutsu Kaisen

Banner - One Piece

Banner - Dragon Ball Z

Merchandise
Accessories
Cell Phone
Jewelry
Necklace
Pins and Buttons
Wallets
Apparel
Bags
Blu-Ray
Books
Character Goods
Cups and Mugs
Magnets
Merchandise
Figures
Action Figures
Figures
Statues
Games
Board Games
Playing Cards
Trading Card Games
Key Chains
Model Kits
Plush
Retailer Supplies
Stationery
Wall Art
General
New Arrivals
Pre-Orders
Recent Restocks
Manufacturers
Net Newsletter
Downloads
Miscellaneous
Bootleg Warning
Wholesale Section
Career Opportunities
Vendor Guide
About Us
Contact Us
Anime News
Trailers
UPS Map



Anime News

Borders Lays Off 45 at HQ Stock Plunges 16%
Date: 1/18/2011
The cash-strapped Borders Group has cut 45 positions at its Michigan headquarters in an attempt to control costs. The recent job cuts come from various areas in the company?s operations including human resources, finance, merchandising and distribution. The latest round of cuts comes on the heels of an announcement last week that the nations #2 traditional bookseller was closing a Tennessee distribution center and laying off over 300 employees (see ?Borders Retains Bankruptcy Counsel & Cuts Employees?).

With investors nervous about Borders retaining Bankruptcy counsel and setting a February 1st deadline for publishers to turn debt into loans, (see ?Borders Sets Deadline for Publishers?), the company?s common stock dropped 16% on in trading on Tuesday.
Source: ICv2