Drug store group announces layoffs, consolidation
- April 29, 2009 |
- hemmer
The National Association of Chain Drug Stores announced late Thursday it will lay off 15 of its 92 staff membersa 16 percent reduction in workforceas a reaction to the sputtering economy and as part of long-term restructuring. In a media release, NACDS said the staff reduction falls within what the group terms a 1,000-day plan, which began February 2007 and has already reorganized and restructured its communications and public policy departments. Current NACDS CEO Steven C. Anderson took office February, 23, 2007. The release said, Although todays announcement is part of a comprehensive and continuous alignment of NACDS resources the nations economic conditions… Read More