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Borders forced to liquidate, 11,000 employees to lose jobs
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The following comments relate to this news article:

Borders forced to liquidate, 11,000 employees to lose jobs

article published on 18 July, 2011

Borders Group has cancelled its bankruptcy auction and will begin liquidation, winding down its remaining 399 stores and sending 11,000 employees to the unemployment line. Says President Mike Edwards: We are saddened by this development. We were all working hard towards a different outcome, but the headwinds we have been facing for quite some time ... have brought us to where we are now. ... [ read the full article ]

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Posted Message
hearme0
Senior Member
_ 		19. July 2011 @ 15:05 _ Link to this message    Send private message to this user   
It's truly sad to me when any business closes. Kinda like a death. But especially sad when a business of this magnitude shuts their doors because of all the people that will be out of work. As if the world's economy isn't bad enough. American staples; Blockbuster (soon) and Borders. Who's next?
[ + quote]
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