Blockbuster layoffs

Blockbuster to Shutter About 300 More Stores, Lay Off 3,000

The video-rental chain Blockbuster plans to close about 300 stores across the country, losing about 3,000 employees. The closures will leave about 500 Blockbuster locations in the U.S. In 2011, Dish Network bought then-bankrupt Blockbuster for $320 million.