Book giant 
Borders Group Inc. cut almost 3 percent of its work force, or 742 positions, nationwide Thursday in a move aimed at reducing the number of supervisory positions in its stores.
The cuts at its 516 Borders superstores and some of its 385 Waldenbooks mall-based stores aim to better align managerial staff with sales volume in each store. There are eight Borders and five Waldenbooks stores in the Houston area, according to the company's Web site.
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