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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Harvard Book Store Closes Temporarily Due to Employee Covid Infection

The Harvard Book Store in Cambridge, Mass., has temporarily closed to in-person browsing after a member of the staff tested positive for Covid-19. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-12 05:00:00 UTC ]
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Bloomsbury to repay staff £700K in pandemic wage cuts

Bloomsbury has announced it will repay almost £700,000 to staff who took a pay cut during the first months of the pandemic, following the publisher's most succesful interim results since 2008. Continue reading at The Bookseller

[ The Bookseller | 2020-11-03 08:01:03 UTC ]
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Annie Bell | 'Cutting down on waste is an area where we can all contribute as consumers'

Last spring, Pan Macmillan announced the creation of One Boat, a new sustainability imprint from the team behind Bluebird. Its name references the power of “one—the idea that one person can make a significant impact; and that one changed habit can make a big difference”. Continue reading at The Bookseller

[ The Bookseller | 2020-11-01 23:08:18 UTC ]
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Rather a hundred little ships

Whilst the arrival of Bookshop.org appears to offer independent booksellers an answer to what has been a very difficult question - how do I compete with Amazon? – with an affiliate model which seems painless and hassle-free, from a well-funded and slick organisation, the excitement about its... Continue reading at The Bookseller

[ The Bookseller | 2020-10-27 13:50:50 UTC ]
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AT&T cuts more than 8,700 workers in third quarter amid Covid-19

The cuts are the biggest since the surge in employees at the time of the Time Warner acquisition in 2018. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-10-26 17:04:42 UTC ]
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Sharjah International Book Fair Details Its 2020 Plans

The 39th Sharjah International Book Fair is to be a physical and digital event, with publishers from 73 countries in its exhibition hall. The post Sharjah International Book Fair Details Its 2020 Plans appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-26 10:26:47 UTC ]
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How an Agency Cut Through ‘Purpose Clutter’ With Its Bookstore Campaign Trolling Amazon

In this David-versus-Goliath battle, mom-and-pop bookstores wrapped themselves in Amazon's familiar brown cardboard as a protest against the retail giant and a plea to shop local. The Instagram-ready stunt, with Amazon lookalike boxes covered in sick literary burns and topical quips, came... Continue reading at AdWeek

[ AdWeek | 2020-10-19 20:06:41 UTC ]
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Totnes Bookshop closes in box office development plan

Totnes Bookshop in south Devon is being closed in its current form by the trust that owns its lease and will reopen as a box office for local events. Continue reading at The Bookseller

[ The Bookseller | 2020-10-19 11:36:36 UTC ]
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A Cut Cable Knocked Out Virginia's Voter Registration Site

Plus: Barnes and Noble got hacked, Zoom adds real end-to-end encryption, and more of the week's top security news. Continue reading at Wired

[ Wired | 2020-10-17 13:00:00 UTC ]
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Pan Mac rolls out diversity and inclusion action plan

Pan Macmillan has published a diversity and inclusion action plan, featuring measures and targets to employ and publish more people of colour. Continue reading at The Bookseller

[ The Bookseller | 2020-10-05 10:50:31 UTC ]
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V&A to close dedicated bookshop and cut 10% of staff as Covid-19 hits finances

The Victoria & Albert Museum is closing its dedicated bookshop and making 103 roles redundant across its retail and visitor experience teams as the Covid-19 crisis hits its finances. Continue reading at The Bookseller

[ The Bookseller | 2020-10-05 09:58:53 UTC ]
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Smith lands Instagrammer's guide to planning for Ebury

Ebury Press editorial director Emma Smith has acquired Happy Planning, a "practical guide for those who like to prep" from Charlotte Plain, a.k.a. Instagrammer Princess Planning. Continue reading at The Bookseller

[ The Bookseller | 2020-10-02 13:17:37 UTC ]
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HMH Reorganization Will Cut 525 Jobs

As Houghton Mifflin Harcourt shifts more of its education publishing business to the creation of digital products, the company said it has implemented a restructuring program that will cut its workforce by 22% in order to save between $95 million to $100 million annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-01 04:00:00 UTC ]
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Informa issues £640m in bonds as part of Covid-19 action plan

Taylor & Francis owner Informa is issuing £640m worth of Euro bonds as part of its Covid-19 action plan. Continue reading at The Bookseller

[ The Bookseller | 2020-09-30 12:55:05 UTC ]
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World Book Day plans outreach with book club and library collaboration

​A new monthly book club and greater outreach to public and school libraries are among the World Book Day plans for 2021, the charity’s c.e.o. has revealed at this year’s Bookseller Children’s Conference.  Continue reading at The Bookseller

[ The Bookseller | 2020-09-28 19:52:05 UTC ]
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Controversial Guildhall Library plans put on hold

Plans to move Guildhall Library's vast collections to the London Metropolitan Archive as part of a consolidation of services have been put on hold pending a consultation and more detailed plans. Continue reading at The Bookseller

[ The Bookseller | 2020-09-23 04:55:30 UTC ]
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Macmillan Employees Deal with 'A Very Tough Day'

Macmillan Trade US president Don Weisberg said Thursday was "definitely a very tough day" for Macmillan employees following the surprise announcement that CEO John Sargent will leave the company at the end of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-18 04:00:00 UTC ]
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National Poetry Day follows lockdown poetry passion with bumper plans for October

National Poetry Day is holding a mass 24-hour "share-a-poem" festival alongside hundreds of mini events to celebrate poetry on Thursday 1st October. Continue reading at The Bookseller

[ The Bookseller | 2020-09-15 10:46:22 UTC ]
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Did a Revolution in Latin American Publishing Make One Hundred Years of Solitude the Success It Is Today?

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[ Literrary Hub | 2020-09-11 08:48:47 UTC ]
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US govt plans mega $250m ‘defeat despair’ Covid-19 campaign

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[ Media Week | 2020-09-02 14:20:09 UTC ]
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