Friday, August 17, 2007

Restoration Hardware Layoffs

Restoration Hardware's Marin headquarters office is laying off 100 employees because Marin is immune and special:
Home improvement retailer Restoration Hardware Inc. will cut 100 jobs at its Corte Madera headquarters...

The company blamed "challenging market conditions" for the layoffs, citing the decline in the national housing sector.

A company spokeswoman in San Diego would not elaborate on a press release announcing a "reorganization" at its headquarters, adding only that layoffs were confined to Marin and that "some" employees have already cleared out their desks.

In the reception area of the headquarters, a sign indicating the company philosophy notes that "At Restoration Hardware we believe deeply that people are our greatest asset."


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