confidential memo out there this morning. The entire retail wholesale book piece of B&T is gone by July. RIF in Reno and Bridgewater warehouse staff. Office space maintained. Focus to shift to 100% ‘Library services’ and ‘publisher services.’ Executives to stay on unaffected. International operations unaffected at this time. Boiler plate response towards reassurance. No change from any other ‘restructuring’ Charlotte can expect RIF. This comes from a confidential memo I would very much like to see leaked.
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Which ones?
The owners of the old RG warehouse tore it down and are building a new warehouse there. OB was razed and a new office building was built there. Out with the old...