A2: Business

The Detroit Free Press reports that the Borders headquarters in Ann Arbor has dismissed an unknown number of employees. The company had similarly laid off over 160 workers in January, 124 of which were corporate jobs. Due to competition with Amazon.com, Wal-Mart, and the growing world of digital books, Borders has been forced to reduce its corporate staff by almost half in the past two years, according to the report. Says turnaround expert Ken Dalto: “[CEO Bennett LeBow] is trying to right the ship. He has put money up and has a good reputation (for) doing the right things but I think the problem is mammoth, the timing is bad, and the market remains soft.” [Source]