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May 26, 2012

Quitting Borders

Staffers flee the bankrupt bookseller

by Eve Silberman

posted 6/5/2011

Not everyone at Borders' corporate headquarters on Phoenix Drive is waiting until the end of June to see if publishers will throw a lifeline to the bankrupt company. A former employee at the once-bustling headquarters (itself up for sale) says that a third of the remaining staff--200 workers--left between November and April. While some were laid off, he estimates that at least 100 fled to other jobs--he overheard a neighbor interview for two different positions from his Borders desk. The common sentiment, he says, was that "if you weren't

 
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