Office Depot Closing Va. Service Center, Laying Off 140

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Office Depot Closing Va. Service Center, Laying Off 140 Employees

BRISTOL, Va.—Office Depot Inc. says it's closing its Bristol customer service center as part of its merger with Office Max Inc., laying off about 140 people.

In a notice to Virginia officials, the Florida-based office products supplier says the closure will take place between May 22 and March 24, 2016.

Office Depot and OfficeMax completed their $1.2 billion merger in November 2013.

Then last month, Staples Inc., the nation's largest "big box" office supply chain, announced plans to buy its second-ranked rival, Office Depot, for $6 billion. The deal is expected to close by year's end.

 

Associated Press

10:23 a.m. EST, March 4, 2015

 

BRISTOL, Va.—

Office Depot Inc. says it's closing its Bristol customer service center as part of its merger with Office Max Inc., laying off about 140 people.

In a notice to Virginia officials, the Florida-based office products supplier says the closure will take place between May 22 and March 24, 2016.

Office Depot and OfficeMax completed their $1.2 billion merger in November 2013.

Then last month, Staples Inc., the nation's largest "big box" office supply chain, announced plans to buy its second-ranked rival, Office Depot, for $6 billion. The deal is expected to close by year's end.

According to the latest data, Bristol had a seasonally adjusted unemployment rate of 5.5 percent in December 2014.

– See more at: http://www.capitalgazette.com/news/region/sns-bc-va–office-depot-layoffs-20150304,0,5234895.story#sthash.qVUa8AUQ.dpuf

Office Depot Closing Va. Service Center, Laying Off 140 Employees

BRISTOL, Va.—Office Depot Inc. says it's closing its Bristol customer service center as part of its merger with Office Max Inc., laying off about 140 people.

In a notice to Virginia officials, the Florida-based office products supplier says the closure will take place between May 22 and March 24, 2016.

Office Depot and OfficeMax completed their $1.2 billion merger in November 2013.

Then last month, Staples Inc., the nation's largest "big box" office supply chain, announced plans to buy its second-ranked rival, Office Depot, for $6 billion. The deal is expected to close by year's end.

[Author]

March 5, 2015 at 9:50 AM