Powell’s City of Books announces new round of layoffs, promises new investments

The country’s largest independent bookseller said this is the completion of the “final round” of layoffs but did not specify how many jobs were cut.

PORTLAND, Ore. — This story comes from the Portland Business Journal, a KGW news partner. The full story can be found here.

Powell’s City of Books on Monday announced another round of layoffs, bringing the workforce reduction to 20% over the past year.

The country’s largest independent bookseller said this is the completion of the “final round” of layoffs “as part of its current growth strategy and effort to align operating costs with business realities.” The announcement did not

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