Hanley Wood Lays Off Staff and Cuts Salaries, Citing COVID-19 Decline

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

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Book Riot’s Children’s Book Deals for October 19, 2022

Today’s edition of kids' book deals is sponsored by Sponsored by Dynamite Entertainment`Dynamite... Continue reading at Book Riot

[ Book Riot | 2022-10-19 13:26:19 UTC ]
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HarperCollins Lays Off 'Small Number' of Employees

Faced with slowing industry sales and rising costs, HarperCollins has eliminated what it called a "small number" of positions, and instituted a number of other measures in a bid to "operate as efficiently as possible," CEO Brian Murray announced to employees on October 13. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-13 04:00:00 UTC ]
More news stories like this | News stories tagged with: #small number #rising costs #harpercollins


Gannett Announces Widespread Cost-Cutting

The moves at the nation’s largest newspaper publisher include a week of mandatory unpaid leave and voluntary buyouts. Continue reading at The New York Times

[ The New York Times | 2022-10-12 21:51:53 UTC ]
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Lit Hub Daily: August 19, 2022

“She could never be anything but herself, and as herself she was absolutely riveting on-screen.” Alice Sedgwick Wohl on Edie Sedgwick’s first movies with Andy Warhol. | Lit Hub Biography Beth Macy, author of Dopesick, offers a reading list for coping with secondary trauma. | Lit Hub Reading... Continue reading at Literrary Hub

[ Literrary Hub | 2022-08-19 10:30:30 UTC ]
More news stories like this | News stories tagged with: #edie sedgwick #andy warhol


Penguin cuts off Meal Prep King cook after misogynistic rant

Cookbook fans ‘heartbroken’ after John Clark’s derogatory outburst on social mediaThe cookbook author known as the Meal Prep King will no longer be published by Penguin Random House after he posted a misogynistic video on social media.John Clark, whose book The Meal Prep King Plan was a Sunday... Continue reading at The Guardian

[ The Guardian | 2022-08-16 17:55:17 UTC ]
More news stories like this | News stories tagged with: #instagram live #monday night #penguin random house #cookbook


College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales

NFT advocates often tout the technology's ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including... Continue reading at Engadget

[ Engadget | 2022-08-03 20:10:20 UTC ]
More news stories like this | News stories tagged with: #second-hand sales #nft advocates #major attributes #secondary market #analogue world #makes sense #pearson


Are Ebooks on the Decline Again?

As sales continue to take a nosedive in the beginning of 2022, it raises a question on the state of ebooks: are they on the decline again? Continue reading at Book Riot

[ Book Riot | 2022-07-28 10:31:00 UTC ]
More news stories like this | News stories tagged with: #sales continue #ebooks


Bestselling Author Stuart Woods Dead At 84

Woods was the author of more than 90 novels, many featuring the character of lawyer-investigator Stone Barrington. Continue reading at The Huffington Post

[ The Huffington Post | 2022-07-28 06:47:19 UTC ]
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Returning to In-Person Book Fairs Cited in Scholastic’s Q4 Report

The largest children's book and educational publisher sees continued growth in its own school-based book fairs, and revenue-per-fair. The post Returning to In-Person Book Fairs Cited in Scholastic’s Q4 Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-07-22 00:30:36 UTC ]
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Callisto Media, Promising to 'Act Swiftly and Decisively,' Lays Off 35% of Workforce

Last week, Callisto Media fired about 140 employees in an effort to reduce spending by about $20 million. As a result of the job cuts, title output has been reduced significantly. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-21 04:00:00 UTC ]
More news stories like this | News stories tagged with: #$20 million #job cuts #title output


Print Book Sales Declined 5% Last Week

Despite a good sales increase for adult fiction titles, unit sales of print books fell 5% last week at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-23 04:00:00 UTC ]
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Toronto airport boss tries to rally staff amid continued disruptions

The head of Canada's busiest airport sought to rally staff on Thursday, amid its continued disruptions and delays, but warned they might encounter more angry customers if the problems continue at Pearson International Airport.  Continue reading at CBC

[ CBC | 2022-06-09 23:40:46 UTC ]
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U.S. Book Show: The Pandemic and Publishing: How Has Covid Changed the Industry for Good?

Industry experts discussed the normalization of working from home, the dearth of in-person networking in the age of Covid-19, new expectations among a younger generation of publishing professionals, and more on the second day of the 2022 U.S. Book Show. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-25 04:00:00 UTC ]
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Seven Seas Staff Launches Effort to Form Union

Staff at independent manga publisher Seven Seas Entertainment have announced plans to seek to form a union in affiliation with the Communications Workers of America. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-24 04:00:00 UTC ]
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Deborah Birx’s unseen fight to stop Trump’s covid falsehoods

The former White House coronavirus official recalls using subversion and subterfuge to get the truth out. Continue reading at The Washington Post

[ The Washington Post | 2022-05-20 12:00:38 UTC ]
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19 new books to savor this week.

Available at indies bookstores and local libraries everywhere! * Phil Klay, Uncertain Ground (Penguin Press) “An introspective collection of essays … Klay’s reassuring voice offers truth, hope, and ways forward during a challenging, polarized period in America.” –Booklist Maggie Shipstead, You... Continue reading at Literrary Hub

[ Literrary Hub | 2022-05-17 13:43:51 UTC ]
More news stories like this | News stories tagged with: #local libraries #libraries


Oklahoma public library’s sexual content ban also cuts abuse prevention program and Pride displays.

In today’s “why do we have to share a country with these jackasses” news, the board of the public library of Enid and Garfield County in Enid, Oklahoma, voted 3-2 to ban “book displays and library programs that focus on sexual content”—which resulted in the library cancelling not only an adult... Continue reading at Literrary Hub

[ Literrary Hub | 2022-04-20 17:26:39 UTC ]
More news stories like this | News stories tagged with: #pride displays #public library #book club


Book Riot’s Deals of the Day for April 19, 2022

Today’s edition of Daily Deals is sponsored by ThriftBooks. Receive a FREE BOOK credit with a pre-order of Book Lovers by Emily Henry.`Receive a FREE BOOK credit with a pre-order of BOOK LOVERS by Emily... Continue reading at Book Riot

[ Book Riot | 2022-04-19 15:25:41 UTC ]
More news stories like this | News stories tagged with: #daily deals #`receive #book lovers #emily henry #free book


There is ‘no one News Corp view’ on election, head of company’s Australian arm tells staff

News Corp Australasia executive chairman issues all-staff memo, with scrutiny on election coverage likely to increaseGet our free news app; get our morning email briefingFollow our Australia news live blog for the latest updatesRupert Murdoch’s Australian lieutenant has told News Corp... Continue reading at The Guardian

[ The Guardian | 2022-04-13 07:57:04 UTC ]
More news stories like this | News stories tagged with: #executive chairman #michael miller #top stories #guardian australia #news corp


Print Book Sales Declined 12.8% Last Week

The impact of an earlier Easter and a kerfuffle surrounding Dr. Seuss titles that sold many books last year proved impossible to overcome last week, when unit sales of print books were down 12.8% compared to the week ended March 20, 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #print books #seuss titles #8% compared #dr. seuss