Barnes & Noble, Ingram Announce Layoffs
B&N wasn't the only bookseller feeling layoff pain. Ingram Content Group, a distributor and wholesaler, laid off 57 employees at its office in La Vergne, Tenn.: the culmination of its consolidation last May of its print and digital publishing services. Job losses were spread across all divisions and account for 3% of the company's total workforce in La Vergne.
"When we announced the reorganization last summer, we began a process to identify a way to eliminate redundancies in management structure and operations to increase efficiencies and reduce costs," a representative told the Tennessean. "It's unfortunate that this happened, but it's a step that Ingram needs to take to ensure they are right-sized and as efficient as possible."