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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Staffordshire has confirmed plans which will see more than half of its libraries passed to volunteers. The county council's cabinet approved plans today (18th February) that will see only 20 of the county's 43 libraries remain managed and staffed by the council, while the rest will be... Continue reading at The Bookseller
[ The Bookseller | 2015-02-19 00:00:00 UTC ]
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Discussions on magazine’s future form part of wider review of Time Inc UK, also home to Marie Claire and Country LifeNME staff are understood to have been told that discussions have been held with promoters and partners about the prospect of the magazine going free.Following reports on Tuesday... Continue reading at The Guardian
[ The Guardian | 2015-02-18 00:00:00 UTC ]
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#marie claire
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Citing the need to develop a new approach to the U.S. market, the U.K. publisher Faber and Faber Ltd. has ended its affiliation with Farrar, Straus and Giroux that created the U.S.-based Faber and Faber Inc. imprint. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-02-17 00:00:00 UTC ]
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The Department for Culture, Media and Sport is investigating whether Lincolnshire County Council is providing a “comprehensive and efficient” library service. The investigation – a preliminary step to enable the Culture Secretary Sajid Javid to decide whether a local inquiry is necessary -... Continue reading at The Bookseller
[ The Bookseller | 2015-02-17 00:00:00 UTC ]
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Libraries in Cardiff have seen a reprieve from the city council, but major cuts to the Library of Birmingham are to go ahead. The ruling Labour group in Cardiff has confirmed that the seven libraries in the city that faced having their funding withdrawn will continue to be run and operated by... Continue reading at The Bookseller
[ The Bookseller | 2015-02-12 00:00:00 UTC ]
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Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards profitability. It is the second consecutive year of reduced losses at Waterstones under Daunt, and includes... Continue reading at The Bookseller
[ The Bookseller | 2015-02-06 00:00:00 UTC ]
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Lucky magazine, the women's shopping title that was once a blockbuster success for Conde Nast, laid off about 10 staff members this week. One person with knowledge of the matter said nearly 15 employees were let go. A Lucky spokeswoman, however, put the number at "less than 10."The spokeswoman... Continue reading at Advertising Age
[ Advertising Age | 2015-02-06 00:00:00 UTC ]
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Protestors in Cardiff will use National Libraries Day this weekend to raise awareness of cuts facing the city's library service. Campaigners in Birmingham have already announced their own plans to protest on the day, forming a human chain "hugging" the threatened Library of Birmingham. Continue reading at The Bookseller
[ The Bookseller | 2015-02-05 00:00:00 UTC ]
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Protesters will use National Libraries Day on Saturday as a chance to campaign against planned cuts at the Library of Birmingham. Continue reading at The Bookseller
[ The Bookseller | 2015-02-04 00:00:00 UTC ]
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The Festival de Bande Dessinée has opened and will award a Charlie Freedom of Speech prize among other honoursThe celebrated Angoulême comic book festival opened on Thursday to laughter and tears three weeks after some of France’s best known cartoonists were gunned down in a terrorist... Continue reading at The Guardian
[ The Guardian | 2015-01-29 00:00:00 UTC ]
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Turkey’s citizens may once again find themselves without access to Twitter: According to the New York Times, that nation’s government has threatened to block access to the microblogging service within the country unless Twitter blocked an account belonging to a newspaper that published details... Continue reading at PC World
[ PC World | 2015-01-19 00:00:00 UTC ]
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Has the editor of The Bookseller compared the fall of print sales of adult fiction since 2009 by more than £150m with the massively declined budgets of public libraries over the same five-year period (The writing’s on the wall for adult fiction in print, 14 January). This is also conditioned by... Continue reading at The Guardian
[ The Guardian | 2015-01-19 00:00:00 UTC ]
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This week: an unreliable narrator and her missing daughter, a crime novel that's like watching a slow-motion train wreck, and a biography of PTSD. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-16 00:00:00 UTC ]
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The number of youngsters reading for pleasure has declined sharply, but this sector of publishing is booming – which results in some very strange mathsAre children reading less – or more? I’m confused. If less, then what happened to the 854,262 copies of John Green’s The Fault in Our Stars that... Continue reading at The Guardian
[ The Guardian | 2015-01-15 00:00:00 UTC ]
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Officials in Birmingham are hoping that a deal with the British Library could help protect the flagship Library of Birmingham from cuts. According to a report in the Birmingham Post, the council is initiating talks which could see the Library of Birmingham become a regional centre for the... Continue reading at The Bookseller
[ The Bookseller | 2015-01-08 00:00:00 UTC ]
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High profile figures, including author Neil Gaiman, have criticised the Labour party for appearing to boast that it won’t cancel the Conservatives £83m cuts to the national arts budget. The party tweeted “P.44 of Tory dossier says Labour will cancel cuts to the arts budget. We won’t.” in... Continue reading at The Bookseller
[ The Bookseller | 2015-01-08 00:00:00 UTC ]
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The French Publishers Association (Syndicat National de l’Edition, SNE) said in a statement this afternoon that it was “deeply upset” by today's terror attack against publication Charlie Hebdo and “freedom of the press, expression and right to publish, the foundations of democracy.” Continue reading at The Bookseller
[ The Bookseller | 2015-01-08 00:00:00 UTC ]
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Art directors have been lucky recently when it comes to pay. Over the last five years, average salaries have gone up by almost 30 percent, according to FOLIO:'s 2014 Art Salary Survey, outpacing raises for almost every other job in the magazine industry. Continue reading at Folio Magazine
[ Folio Magazine | 2014-12-19 00:00:00 UTC ]
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Based on the number of indie booksellers that have announced plans to expand in the coming year—five this week—it’s clear that 2014 has been a strong year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-19 00:00:00 UTC ]
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#announced plans
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Local authorities will see their spending power reduced by 1.8% on average in 2015/16, following cuts to funding by the government, but some councils could face a 6.4% reduction. The announcement comes on the same day that the funding of libraries has come under the spotlight with the release... Continue reading at The Bookseller
[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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