Borders Lays Off 164 Employees

Publisher's Weekly reports that Borders has laid off another 164 people in its distribution centers and its corporate headquarters.

In the newest round of cuts, 124 corporate jobs were eliminated at Borders' Ann Arbor headquarters and other offices with 40 coming at its warehouses and distribution centers. The downsizing is a response to poor holiday sales and the closing of 183 outlets in the Wa...