Barnes & Noble layoff in the works
The holiday season didn't prove to be a boon for beleaguered bookseller Barnes & Noble, and the retailer is laying off workers.
In a statement, company officials stated it was "adjusting staffing" to meet needs of existing business and customers and that as “the business improves we'll adjust accordingly."
The news comes following reports of healthy retail sales increases at the end of 2017 compared to 2016, and as companies are doling out bonuses and pay raises primarily due to the federal tax reform. The National Retail Federation expects the robust retail sales trend to continue this year, as Retail Customer Experience previously reported.
Barnes & Noble did not provide the number of workers being laid off, according to a USA Today report, or which roles and markets may be impacted.