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 ]
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London Assembly members call on mayor to complain to chief executiveA motion attacking the regional newspaper publisher Newsquest/Gannett for its cutbacks has been tabled for discussion at tomorrow’s (Friday’s) London Assembly.The motion, which criticises job cuts at a range of London weekly... Continue reading at The Guardian
[ The Guardian | 2015-12-01 00:00:00 UTC ]
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The Publishers Association said it is “not expecting good news” from the Chancellor’s Spending Review tomorrow, while library campaigners have warned that further cuts to local councils could “all but destroy the public library service as we know it.” Continue reading at The Bookseller
[ The Bookseller | 2015-11-24 00:00:00 UTC ]
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Reviews editor Seth Satterlee recommends 'Memory Theater' by Simon Critchley, a modern philosophical thriller in cliff notes form. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-20 00:00:00 UTC ]
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Gavin McCrea, author of 'Mrs. Engels' (Catapult, 978-1-9367-8729-6) will be interviewed by 'Studio360' host Kurt Andersen on the program which airs Thursday, November 19 on WNYC at 8 p.m. ET. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-19 00:00:00 UTC ]
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Jeanette Winterson has said that as a society "we've got our values all wrong" as she warned against further cuts to the arts ahead of the Chancellor’s autumn statement on 25th November. Continue reading at The Bookseller
[ The Bookseller | 2015-11-14 00:00:00 UTC ]
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Assistant editor Drucilla Shultz recommends "The Assassin’s Curse" and "The Pirate's Wish," a pirate adventure set in an Arabian fantasy world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-13 00:00:00 UTC ]
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Josh Ostrovsky, the controversial entertainer better known as "The Fat Jew," canceled a book signing scheduled for Monday at a Santa Monica Barnes & Noble after he claimed he received threats from a "crazy stalker/fan/hater," Death and Taxes reports. In a post to his Facebook page, Ostrovsky... Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-11-11 00:00:00 UTC ]
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More than 50 jobs may be lost at Glasgow's libraries after £2.4m worth of cuts have to be made. Continue reading at The Bookseller
[ The Bookseller | 2015-11-10 00:00:00 UTC ]
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Softening sales for digital books have impacted the bottom lines at HarperCollins and Simon & Schuster, according to both companies' recent earnings reports. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-06 00:00:00 UTC ]
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All six editors and all 31 editorial board members of research journal Lingua have resigned last week in protest over publisher Elsevier's high subscription rates and failure to embrace open access. Continue reading at The Bookseller
[ The Bookseller | 2015-11-05 00:00:00 UTC ]
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Axel Springer, the German publishing and digital media group, on Wednesday raised its forecast for 2015 revenues as increasing sales of digital classified advertising offset continued declines in print circulation and other revenues. The impro ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-11-04 00:00:00 UTC ]
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Double digit growth in its general merchandise operation plus increases in its core book business led to a 8.8% increase in revenue at Indigo for its second quarter ended September 26, 2015 compared to last year’s second period. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-03 00:00:00 UTC ]
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Sherlock Holmes teams up with Henry James to stop an international conspiracy (yes, really) in Dan Simmons's latest. PW senior reviews editor Peter Cannon loves it meta-fictional wiles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-23 00:00:00 UTC ]
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Adult readership is down 4% from 2013, with 72% of American adults having read a book in the past year according to a new Pew survey. Young adults, meanwhile, were revealed as the nation's most avid readers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-23 00:00:00 UTC ]
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Reviews editor Annie Coreno recommends 'The Private Lives of the Sun Signs' which explores the personality traits of the twelve zodiac signs, with insights into what motivates the people of each group. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-16 00:00:00 UTC ]
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It’s a big week for old favorites, especially among children’s authors: Rick Riordan has the #1 book in the country, Harry Potter is back with a new look, and ‘Twilight'’s Bella and Edward are back with new genders. Plus two books delved into Kennedy Clan history, Patti Smith follows up ‘Just... Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-16 00:00:00 UTC ]
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From editorial assistants to senior VP’s, this is how much people who work in publishing reported earning last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-16 00:00:00 UTC ]
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Our annual salary survey drew responses from a younger group than in years past, though the industry still is very white, with 89% of respondents reporting as caucasian. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-16 00:00:00 UTC ]
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Agent Andrew Blauner sells a Beatles anthology he is editing to Blue Rider, the Hawker Fare cookbook goes to Ecco, Aladdin buys two more Barbara Dee middle-grade novels, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-16 00:00:00 UTC ]
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