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Borders Employee Tip - Gift Cards May be Worthless if Borders Goes Bankrupt
Borders has struggled to pay publishers and may be facing bankruptcy. As a result, one employee is alleging the bookseller is getting desperate, ordering employees to encourage customers to buy gift cards that could lose all value if the company files Chapter 11.
This tip comes from a reader who is employed at Borders:
“I am a Borders Books employee. I have been employed as a bookseller for 3.5 years. I am extremely concerned by the recent behavior of our corporate officers. The past few years haven't been pleasant for Borders employees. We have lived with constant threats from upper management, pressure to sell various nicknacks, and of course, the infamous "make book" fiasco from 2009. (We were forced to sell specific books to each customer and many, many lost their jobs over this.)
Now, with bankruptcy (possibly) looming, we are being told to focus solely on our new Borders Rewards Plus program. Again, we are living with threats of losing our jobs, having our hours cut,etc.,etc. if we do not sell these memberships. Most of us are not comfortable selling these cards because we are unsure if Borders will be around in 6 months. Management has not said one word to any employee about our financial situation. Whatever the motivation for pushing these cards on customers, it seems unethical."