Barnes & Noble cites new staffing policy in layoffs

FAN Editor

Barnes & Noble, which announced a round of layoffs this week, is pointing new staffing rules that will allow stores to increase or decrease the number of people on the clock depending on need.

Continue Reading Below

The nation’s largest book chain said Tuesday in a filing with the Securities and Exchange Commission that the change will lead to annual cost saving of $40 million.

The company insists that the staff cuts will not affect customer service.

Barnes & Noble said Monday that it was trimming its work force after a weak holiday shopping season. It did not say how many people were being let go.

The New York bookseller, which has struggled to compete with Amazon, said last month that sales at established locations slid 6.4 percent during the holidays.

Free America Network Articles

Leave a Reply

Next Post

FBI director's testimony contradicts White House timeline on staffer's departure

FBI Director Chris Wray offered new details on Tuesday that directly contradict the White House’s account of the timeline leading to former White House staff secretary Rob Porter’s departure following allegations of domestic abuse from two of his ex-wives. Wray told the Senate Intelligence Committee that the FBI completed its […]

You May Like