Hachette lays off 3% of staff amid book prices row with Amazon

US publisher will cut staff as 'cost-saving initiative' while row with Amazon continues to hamper ability to sell booksHachette, the multinational book publisher embroiled in a public spat with Amazon, announced that it will be laying off about 3% of its staff on Thursday."Today, we had to make some difficult changes at HBG as part of a cost-savings initiative that will improve our company's resilience to a changing marketplace and position HBG for future growth. Unfortunately, these changes mean that some of our colleagues will be leaving the company," the book publisher said in a statement on Thursday. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2014-06-06 00:00:00 UTC ]

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