Waterstone's Lays Off 200 As It Shakes Up Book Ordering

Summary


UP to 200 jobs are to be cut at the Waterstone's bookshops chain in costcutting measures by parent HMV.

The cuts, due to be announced to staff today, follow the setting up of a new centralised warehouse and distribution system at Burton upon Trent. That will see the chain's 303 stores place and receive single large orders across all titles instead of ordering books separately from individual publishers.

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Extract


Waterstone's Lays Off 200 As It Shakes Up Book Ordering

Sales fell by 3.1% in the ...

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