Panzer has been on a cleaning frenzy today. Sweeping out the inside of the Panzermobile, he found a post under the pilot seat floor mat. Pulling it out, he discovered it was a post from The Bookseller * site about Waterstones bookstores.
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| It's that virus thingy. |
According to the post by Mark Chandler, Waterstones is making some employee changes effective immediately. The company announced it has made 16 head office staff positions redundant. (That's the polite way of saying they were terminated from their jobs.) The company cited the downturn in trade sales and foot traffic.
Panzer says, "Look what happened to Macmillan's soon-to-be ex-CEO John Sargent after he made some staff positions redundant."
Note: This is a medium length post. Bring a cup of tea and a muffin for today's reading selection.
To read the post tootle over to Waterstones
To read about Macmillan tootle over to John Sargent
* Be aware The Bookseller has an "article" reading limit each month after which you'll be asked to register.
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