LJNDawson.com, Consulting to the Book Publishing Industry
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B&N lays off 100

B&N announced this afternoon that it laid off 100 members of its corporate staff. My own sources tell me several .com buyers as well as brick-and-mortar IT staff were affected. BusinessWeek reports that these staffers will get 12 months of health benefits as well as career counseling and outplacement services. While Steve Riggio says that it's the first time in the history of B&N a layoff has happened, this is not QUITE true - B&N.com laid off 350 folks in 2001, and while at the time B&N.com was a separate company from B&N, (a) that made no sense and everybody knew it (b) B&N owned 50% of B&N.com. (The other 50% was owned by Bertelesmann.)
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