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Borders layoffs: Is Borders the next Circuit City?

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Uploaded on Jan 28, 2010

Book store chain Borders Group Inc. laid off 164 workers today, including 88 at its corporate headquarters in Ann Arbor. http://bit.ly/9fJRkT This comes days after CEO Ron Marshall resigned, two weeks after Borders reported disappointing holiday sales and just one day after Apple sought to seize control of the e-reader segment with its introduction of the iPad. In this video, AnnArbor.com reporter Nathan Bomey provides analysis of the layoff news.

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