The Ring of Fire
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Barnes & Noble Sued For Age Discrimination
Posted
December 18, 2019
Views
5,368
Likes
362
Comments
57
Engagement
7.81%
December 18, 2019
5,368
362
57
7.81%
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A recent Barnes & Noble class action claims that the bookstore’s new owners purged older employees in a “campaign of age discrimination.” In August, private equity hedge fund Elliot Management Corp. took over Barnes & Noble. For the past few decades, the bookstore has reportedly struggled to stay relevant and competitive in a growing technological market. Since 1997, Barnes & Noble has closed almost 400 stores around the country. The new owners of Barnes & Noble allegedly aimed to cut costs and drive sales which they accomplished by firing employees over the age of 40. Ring of Fire’s Farron Cousins discusses this with Scott Hardy, the President of Top Class Actions.
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