The Financial Post reports in its Saturday, Jan. 13, edition that Indigo Books & Music has laid off an unspecified number of staff as part of the retailer's effort to streamline operations. A Canadian Press dispatch to the Post reports that Indigo spokesman Melissa Perri said in an e-mail that the cuts stem from the company's plan to return the business to profitability. Indigo has seen several quarters of losses and a flurry of executive and board changes over the past year. Most recently, the company reported a net loss of $22.4-million in its second quarter, a period when founder and chief executive officer Heather Reisman retired and turned the business over to Peter Ruis. Mr. Ruis left the company abruptly in September, making way for Ms. Reisman to return. Last year, the company grappled with a cyberattack and saw four of its 10 directors leave its board, with one attributing her resignation to mistreatment. "While it is a difficult decision to part ways with valued and talented employees, it is the right decision for our company and all those we serve," Ms. Perri said in an e-mail confirming last week's layoffs.