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
The educational and trade publisher, financially troubled for several years, has agreed with most of its senior lenders and bondholders to a restructuring that would convert existing long-term debt to equity. Continue reading at The New York Times
[ The New York Times | 2012-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#trade publisher
#financially troubled
Barry O'Callaghan, the chief executive of Houghton Mifflin Harcourt, resigned on Tuesday after less than two years on the job. Continue reading at The New York Times
[ The New York Times | 2011-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#media decoder
Heather Morris’ The Tattooist of Auschwitz (Zaffre) has secured a fourth non-consecutive week in the UK Official Top 50 number one spot, selling 17,106 copies through Nielsen BookScan’s TCM—a bump of 11% in volume week on week. Continue reading at The Bookseller
[ The Bookseller | 2019-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#volume week
#heather morris
#auschwitz zaffre
#nielsen bookscan
A former manager at Facebook published a scathing memo on Tuesday criticizing the social media giant for its treatment of its black users and its black employees. Mark Luckie, a former partner manager for global influencers at Facebook who focused on underrepresented voices, wrote in a memo to... Continue reading at AdWeek
[ AdWeek | 2018-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#black users
#facebook published
#black employees
#underrepresented voices
One of the great embarrassments of New York, the richest city in America, is how money can’t be found to keep public libraries open every single day.It is, truly, a matter of priorities. Other far-reaching, progressive policy proposals can come with enormous upfront costs — municipal or... Continue reading at Crains New York
[ Crains New York | 2024-04-29 15:50:14 UTC ]
More news stories like this | News stories tagged with:
#physical spaces
#working class
#community centers
#libraries
#public libraries
As baby boomers have aged, they have accumulated more assets leading to more discretionary spending. Since retiring two years ago, Joan Harris has upped her travel game.Once or twice a year, she visits her two adult children in different states. She’s planning multiple other trips, including to... Continue reading at Fast Company
[ Fast Company | 2024-04-29 13:22:05 UTC ]
More news stories like this | News stories tagged with:
#long term
#michael brown
#consumer confidence
#key factor
#science fiction
Ayodele "WordSlanger" Nzinga, honored for her theater innovation, is co-editing a bilingual anthology with Oso Perezoso Press, launched by indie publisher J.K. Fowler. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-24 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#indie press
#indie publisher
#anthology
PEN America has faced an enormous amount of criticism from the literary world for, among other things, failing to call Israel’s six-month assault on Gaza a genocide, and is now facing a wave of withdrawals from two of its signature events, the literary awards and the World Voices Festival. In... Continue reading at Literrary Hub
[ Literrary Hub | 2024-04-18 14:26:32 UTC ]
More news stories like this | News stories tagged with:
#pen america
#enormous amount
#literary awards
#literary world
A nonprofit that distributed books for many of the country’s small presses has closed, and the fallout could affect the publishing industry in ways both big and small. Continue reading at The New York Times
[ The New York Times | 2024-04-17 09:03:54 UTC ]
More news stories like this | News stories tagged with:
#small presses
#publishing industry
Its operators made a newsroom announcement, but the outcome is uncertain since the owner has signaled it wants the magazine to endure. Continue reading at The New York Times
[ The New York Times | 2024-03-14 21:44:26 UTC ]
More news stories like this | News stories tagged with:
#sports illustrated
#print edition
New legislation could thwart planned £600m purchase of media group by UAE-backed consortiumThe UK government plans to introduce legislation that would prevent foreign governments owning UK newspapers and news magazines in a significant move that could scupper the planned £600m sale of the... Continue reading at The Guardian
[ The Guardian | 2024-03-13 15:52:35 UTC ]
More news stories like this | News stories tagged with:
#media group
#redbird imi
#investment firm
#privately owned
A new plan by the iconic Denver bookseller sees a streamlined company emerging from bankruptcy as early as June and returning to profitability next year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-03-11 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#bookseller
Over 500 members of the KidLit community—including Sabaa Tahir, Angie Thomas, and Jason Reynolds—have signed an open letter to the Society of Children’s Book Writers and Illustrators, calling for the organization to break its silence on the ongoing genocide in Gaza, which has so far claimed the... Continue reading at Literrary Hub
[ Literrary Hub | 2024-03-04 19:00:45 UTC ]
More news stories like this | News stories tagged with:
#gaza silence
#angie thomas
#open letter
#book writers
#children’s book
A developer is betting that people will pay top dollar for up-close views of one of the city’s most unloved sites: AT&T’s Long Lines Building in Tribeca, a windowless, 29-story hulk from the 1970s that routinely makes lists of New Yorkers’ least-favorite buildings.The plan, which was put... Continue reading at Crains New York
[ Crains New York | 2024-03-04 18:30:46 UTC ]
More news stories like this | News stories tagged with:
#current size
#united nations
#world bank
#market research
#privately owned
An Australian startup that recently hired a new North American president plans to grow its U.S. headquarters in Denver. The startup is a digital platform that helps privately owned businesses determine their valuation. It also helps create a roadmap for a successful exit, which could include a... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2024-02-28 13:09:19 UTC ]
More news stories like this | News stories tagged with:
#digital platform
#younger generation
#privately owned
Two prominent novelists have broken with PEN America over the organization’s decision to platform controversial actor and outspoken ceasefire opponent Mayim Bialik, as well as its relative silence on the unfolding genocide in Gaza (which so far has claimed the lives of at least 120 writers,... Continue reading at Literrary Hub
[ Literrary Hub | 2024-01-31 20:56:06 UTC ]
More news stories like this | News stories tagged with:
#pen america
#cut ties
#national book award
#novelists