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 ]
News tagged with: #book publisher #changing marketplace #future growth

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Hachette CEO Michael Pietsch on Book Sales, Copyright, and More

In a letter to agents and authors, HBG CEO Michael Pietsch touched on a number of topics, including the sales outlook for trade books, the lawsuit against the Internet Archive, and increasing direct-to-consumer marketing and sales efforts. Continue reading at Publishers Weekly

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Amazon Makes Cuts to Its Book Group

As part of a companywide effort to reduce costs, Amazon has eliminated an unspecified number of jobs in its Books business. Word of the reductions came in a letter sent yesterday to employees from CEO Andy Jassy describing “role eliminations” in the company's Books and Devices units. Continue reading at Publishers Weekly

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Shanghai’s Children’s Book Fair Changes Venue Amid COVID Constraints

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Third Quarter Revenue Rose at Hachette Book Group

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Hachette Book Group Works to Diversify Slate of Authors

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Amazon's updated e-book return policy looks like a big win for authors

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Amazon Stands by Books

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Amazon sale slashes the price of Kindle Kids and Fire Kids tablets

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Amazon Books’ Fantastical Campaign Aims to Inspire Reading in the Scrolling Era

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