Houghton Mifflin plans to cut hundreds of employees

Houghton Mifflin Harcourt Co., the Boston-based education publisher facing financial headwinds, said it plans to cut as much as 10 percent of its workforce in effort to save money, according to regulatory filing. With a total workforce of 4,500 workers as of the end of last year, the cuts could mean up to 450 employees could be laid off, or as few as 360 if the company cuts 8 percent, the low end of its estimate. Houghton Mifflin (Nasdaq: HMHC) said the cuts, combined with other cost-saving efforts,… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2017-04-20 00:00:00 UTC ]
News tagged with: #save money #regulatory filing

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Houghton Mifflin plans to cut hundreds of employees

Houghton Mifflin Harcourt Co., the Boston-based education publisher facing financial headwinds, said it plans to cut as much as 10 percent of its workforce in effort to save money, according to regulatory filing. With a total workforce of 4,500 workers as of the end of last year, the cuts could... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-04-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #save money #regulatory filing


News Corp’s Plan To Acquire Houghton Mifflin’s Trade Division

HarperCollins parent News Corp's intended acquisition of HMH Books & Media raises, for some, new concern about consolidation. The post News Corp’s Plan To Acquire Houghton Mifflin’s Trade Division appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-31 15:40:39 UTC ]
More news stories like this | News stories tagged with: #trade division #harpercollins


Veritas Capital to Acquire Houghton Mifflin Harcourt

Less than a year after HarperCollins purchased the trade division of Houghton Mifflin Harcourt, a private equity firm has made an agreement to acquire the remainder of the learning technology company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-22 05:00:00 UTC ]
More news stories like this | News stories tagged with: #veritas capital #trade division #harpercollins


'Hundreds' of Salesforce employees pushback on NFT cloud project

Salesforce wants a piece of the NFT action and "hundreds" of its employees are reportedly not happy about it. More than 400 employees signed an open letter that's being passed around internally, according to Thomson Reuters Foundation News, and is addressed to Salesforce's co-CEOs Marc Benioff... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2022-02-18 22:58:45 UTC ]
More news stories like this | News stories tagged with: #open letter #nft space #thomson reuters


After HarperCollins Acquisition, Houghton Mifflin Harcourt Library E-book Terms to Change

In a notice sent to library customers this week via their vendors, e-book titles from Houghton Mifflin Harcourt will soon be available via a 26-lend metered access model, a change from its previous perpetual access terms. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #library customers #e-book #houghton mifflin harcourt #harpercollins


On Houghton Mifflin Fading Away (shelftalker)

The characters from the Lord of the Rings share their insight into HMH’s passing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-26 10:00:00 UTC ]
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News Corp completes Houghton Mifflin Harcourt consumer division deal

HarperCollins owner News Corp has completed its $349m (£252m) acquisition of Houghton Mifflin Harcourt's consumer division. Continue reading at The Bookseller

[ The Bookseller | 2021-05-10 12:46:20 UTC ]
More news stories like this | News stories tagged with: #consumer division #news corp #harpercollins #houghton mifflin harcourt


HarperCollins to Buy Houghton Mifflin’s Trade Publishing Unit

The $349 million deal will help the publisher expand its back catalog at a moment of growing consolidation in the book business. Continue reading at The New York Times

[ The New York Times | 2021-03-29 19:44:12 UTC ]
More news stories like this | News stories tagged with: #back catalog #book business #trade publishing


News Corp. buys Houghton Mifflin Harcourt books division

Rupert Murdoch’s News Corp. is buying Houghton Mifflin Harcourt’s book-publishing division, with titles by J Continue reading at ABC News

[ ABC News | 2021-03-29 16:27:03 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #houghton mifflin harcourt


HarperCollins will acquire the trade division of Houghton Mifflin Harcourt for $349 million.

Only three months after the high-profile merger of Penguin Random House and Simon & Schuster, The New York Times reported earlier this morning that HarperCollins, one of publishing’s “Big Five,” will acquire Houghton Mifflin Harcourt Books and Media—Houghton Mifflin Harcourt’s trade... Continue reading at Literrary Hub

[ Literrary Hub | 2021-03-29 14:25:08 UTC ]
More news stories like this | News stories tagged with: #trade division #$349 million #simon schuster #revenue fell #trade publishing #penguin random house #houghton mifflin harcourt


Job cuts on the way as Frankfurt Book Fair considers future plans

The Frankfurt Book Fair has warned job cuts are on the way as director Juergen Boos outlined future “modernising” plans that will see virtual events play a larger part in future fairs. Continue reading at The Bookseller

[ The Bookseller | 2020-11-13 02:55:29 UTC ]
More news stories like this | News stories tagged with: #job cuts #larger part #frankfurt book fair


At Houghton Mifflin Harcourt, the Consolidation Carousel Continues

HMH joins the ranks of S&S as the latest large trade publisher to be put up for sale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-06 05:00:00 UTC ]
More news stories like this | News stories tagged with: #trade publisher


News Corp to cut hundreds of jobs in move towards digital-only publishing

Publisher of the Australian, the Daily Telegraph and the Herald Sun is expected to stop publishing as many as 100 titles News Corp Australia is poised to cut hundreds of jobs as it moves towards digital-only publishing for many of its local and regional papers and more copy sharing among its... Continue reading at The Guardian

[ The Guardian | 2020-05-27 10:53:51 UTC ]
More news stories like this | News stories tagged with: #stop publishing #cut hundreds #daily telegraph #herald sun #regional papers #metropolitan mastheads #executive chairman #michael miller #news corp


The Economist Group Cuts 90 Employees, Takes 1843 Mag Digital-Only

The Economist Group is laying off 90 employees, about 7% of its 1,300 total staffers, the company said Friday, citing the business impact of the COVID-19 pandemic. The cuts primarily affected employees in events and client solutions roles, as well as TVC, the London-based content marketing... Continue reading at Folio Magazine

[ Folio Magazine | 2020-05-15 15:03:09 UTC ]
More news stories like this | News stories tagged with: #company declined #economist group #editorial team #broader set #digital offerings #top executives #pay cuts #difficult decision #statement provided


Little Island sells Grehan novel to Houghton Mifflin Harcourt

Irish press Little Island Books has sold North American rights to Houghton Mifflin Harcourt for Meg Grehan’s The Deepest Breath. Continue reading at The Bookseller

[ The Bookseller | 2019-12-06 02:34:16 UTC ]
More news stories like this | News stories tagged with: #irish press #island books #houghton mifflin harcourt


Global Publishing Leaders 2018: Houghton Mifflin Harcourt

Houghton Mifflin Harcourt (HMH) is a global learning company and a provider of Pre-K-12 content, services, and technology, serving more than 50 million students throughout the U.S. and in 150 countries worldwide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-14 00:00:00 UTC ]
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Meredith plans to sell off Time, Fortune and Sports Illustrated and cut 1,000 jobs

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell the flagship publication Time, as well as Sports Illustrated, Fortune and the Money brand, after completing a review of the $1.8-billion deal. The company also intends to eliminate about 1,000 jobs over... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bought time #sports illustrated #meredith corp


ESPN laying off 150 employees in another round of cuts

ESPN is laying off about 150 employees, including people who work in studio production, digital content and technology, the sports company said Wednesday. The cuts, which are the latest sign of the financial pressures the Bristol, Conn.-based operation faces, follow a round of layoffs in April... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #including people #digital content #latest sign


Library cuts planned in Wales and Lincolnshire

Lincolnshire and Powys are the latest councils to come under the spotlight for planned cuts to their public library service. Continue reading at The Bookseller

[ The Bookseller | 2017-08-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #planned cuts