Eason to inject €20m into book chain as part of restructure

Written By: Lisa Campbell Publication Date: Wed, 30/03/2011 - 09:36 Eason is pumping €20m into the company over the next three years, at the same time as embarking on trade union talks over a restructure that will likely include some job losses. The Irish bookselling chain announced to staff and employees it would invest the sum "as part of a new strategic plan that will reposition the business in the current extremely challenging retail market environment". The cash is coming from "cash, bank restructuring and some from the €8milion which will be saved over the next three years". read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-03-30 00:00:00 UTC ]
News tagged with: #inject 20m #book chain #pumping 20m #job losses #strategic plan

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