Layoffs Affect Barnes & Noble Stores Across the Country
Following the cuts, which are due to less-than-stellar sales for the 2017 holiday season, the bookstore chain has hired a new chief merchandising officer.
Barnes & Noble has carried on, despite the Amazon factor. However, CNBC reports that the company laid off "lead cashiers, digital leads and other experienced workers in a company-wide clearing" on Monday, February 12, due to disappointing sales during the 2017 holiday season.
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Staff members received the news when they arrived to work Monday morning, according to CNBC, with one employee sharing his heartbreaking experience on Twitter:
"Given our sales decline this holiday, we're adjusting staffing so that it meets the needs of our existing business and our customers," a Barnes & Noble spokesperson said in a statement to CNBC. "As the business improves, we'll adjust accordingly."
The company has hired a new chief merchandising officer to strategize online and in-store sales growth.