Hanley Wood, the D.C.-based B2B media company serving the real estate, residential design and construction sectors, laid off several employees last week and implemented salary reductions for others, multiple sources tell Folio:. A Hanley Wood rep declined to provide details, but confirmed the layoffs and pay cuts in a statement, pointing to the COVID-19 pandemic as the reason for the changes. “Due to impacts of COVID-19 on our business, we had to make the very difficult decision of implementing cost-cutting measures, including reducing our workforce and conducting salary reductions for some of our top earners," the spokesperson said. "This is a necessary step many businesses are facing during this uncertain economic climate.” A source in the company said the cuts impacted editorial, marketing and events staffers, but couldn't say how many people were let go altogether. Two other sources familiar with the situation both said 40 total employees were laid off. Among those let go was the longtime editor-in-chief of Architect magazine, Ned Cramer, who had been in that role since Hanley Wood first launched the publication in 2006. The cuts come a little over a year after private equity firm MidOcean Partners acquired Hanley Wood and merged it with housing industry data provider Meyers Research, a move that coincided with the departure of former Hanley Wood CEO Peter Goldstone. Since then, Meyers Research founder Jeff Meyers has been running the combined Hanley Wood/Meyers... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-05-19 13:43:21 UTC ]
News tagged with:
#multiple sources
#provide details
#difficult decision
#sources familiar
#longtime editor-in-chief
#b2b media
#ll update
#informa plc
Contributing editor Sonia Jaffe Robbins recommends 'So Sad Today' by Melissa Broder, an earnest, sophisticated collection of essays exploring the roots and expressions of her own sadness. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#melissa broder
The Bonnier-owned gourmet magazine aims to connect with its readers on and off the printed page. The post Citing a Natural Brand Extension, Saveur Launches a Wine Club appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-08-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#post citing
#printed page
Library campaigners plan to gather this Saturday to protest the £1m cuts to Lewisham Council’s library budget, which will see staff removed from four libraries across the borough. Continue reading at The Bookseller
[ The Bookseller | 2016-08-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#library budget
Reviews editor Seth Satterlee recommends 'Problems' by Jade Sharma, a bold, unforgiving, and hilarious novel about a bored, highly sexed drug addict. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-19 00:00:00 UTC ]
More news stories like this |
Assistant editor Drucilla Shultz recommends The Ashfall Series by Mike Mullin, a natural disaster adventure story following 15-year-old Alex, who is left at home by his family the weekend Yellowstone's super volcano decides to erupt. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-12 00:00:00 UTC ]
More news stories like this |
Proposals to reduce opening hours at 14 of the busiest libraries in Northern Ireland have been scrapped. Continue reading at The Bookseller
[ The Bookseller | 2016-08-09 00:00:00 UTC ]
More news stories like this |
Helen Gradwell lay dead on her floor for four months â with a book deal sitting unopened on her doorstep. Continue reading at Stuff
[ Stuff | 2016-08-09 00:00:00 UTC ]
More news stories like this |
News Corp., the Wall Street Journal and New York Post publisher controlled by billionaire Rupert Murdoch, reported fiscal fourth-quarter profit that missed analysts' estimates as a decline in ad sales outweighed an increase in digital revenue in its real estate business.Earnings, excluding some... Continue reading at Advertising Age
[ Advertising Age | 2016-08-09 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#york-based company
#projections compiled
#news online
#publishing industry
Religion news editor Emma Koonse recommends 'My Stolen Life' and 'Freedom' by Jaycee Dugard, two memoirs detailing Dugard's kidnapping at age 11, her 18 years in captivity, and her path to recovery over the past six years of freedom. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#stolen life
#jaycee dugard
Religion news editor Emma Koonse recommends 'A Stolen Life' and 'Freedom' by Jaycee Dugard, two memoirs detailing Dugard's kidnapping at age 11, her 18 years in captivity, and her path to recovery over the past six years of freedom. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#stolen life
#jaycee dugard
Magazine and digital publisher Time Inc. plans to lay off a number of employees as part of a organizational restructuring, a spokeswoman confirmed to Ad Age on Wednesday. She declined to discuss how many people will lose their jobs, but multiple reports put the number around 110."Over the last... Continue reading at Advertising Age
[ Advertising Age | 2016-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#organizational structure
#content creation
#growth areas
Hodder & Stoughton and Hachette Children’s Group have both acquired books by the explorer Levison Wood. Continue reading at The Bookseller
[ The Bookseller | 2016-08-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#hachette children
#hodder stoughton
#acquired books
Reviews editor Annie Coreno recommends 'The Lonely Cty' by Olivia Laing, a smart, enthralling, beautifully articulate meditation on loneliness. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#olivia laing
Reviews editor Annie Coreno recommends 'The Lonely City' by Olivia Laing, a smart, enthralling, beautifully articulate meditation on loneliness. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#olivia laing
Thirty-one employees face layoffs, though magazine brands not affected. The post Trusted Media Brands Cuts Children’s Book Publisher appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book publisher
#magazine brands
Hachette Book Group has announced a restructuring of its sales staff in the wake of its acquisition of Perseus. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sales staff
Senior reviews editor Peter Cannon recommends 'The Name of the Rose' by Umberto Eco, a Sherlock Holmes-like murder mystery set in a secluded Italian monastery. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-07-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#umberto eco
In its first such report in 15 years, Germany's translators' association asserts 'the weak position of literary translators in negotiations with large publishing houses.' The post German Translators’ Survey of Contracts Cites Low Pay Levels appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-07-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#literary translators
Reviews editor Seth Satterlee recommends 'Pond' by Claire-Louise Bennett, featuring an unnamed, slightly unhinged narrator who has sheltered herself into a cottage in the countryside. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#claire-louise bennett
A spokesperson for Pearson UK has said the company is "80% of the way there and ahead of plan" on its latest job-cutting restructure, as the wider company looks to make £250m annualised cost savings globally this year plus a further £100m in 2017. Continue reading at The Bookseller
[ The Bookseller | 2016-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#wider company
#pearson uk