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

Other Publishing stories related to: 'Houghton Mifflin plans to cut hundreds of employees'

Sales Rise at HMH, Loss Cut

With sale up in both its education and trade groups, total revenue at Houghton Mifflin Harcourt rose 5% in the second quarter ended June 30, 2013 compared to the second quarter of 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-15 00:00:00 UTC ]
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Publishers Object to E-Book Plan for Apple

Five major U.S. publishers objected to the Justice Department's proposal to limit Apple's influence in the electronic books market, saying it would effectively alter their existing settlements with the U.S. government. Continue reading at AllThingsD

[ AllThingsD | 2013-08-08 00:00:00 UTC ]
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Planning for Multiplatform Publishing

With so much at stake, and so much potential labor cost involved in maintaining multiple channels, many publishers are being cautious in planning their long-term content strategies. Continue reading at Folio Magazine

[ Folio Magazine | 2013-07-26 00:00:00 UTC ]
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Young Hollywood Is Already Laying Big Plans for 2014 FIFA World Cup

Brazil has been a complicated marketplace for brands in recent weeks, but it's not stopping companies from getting ready for the FIFA 2014 World Cup. For instance, Young Hollywood and Momentum Entertainment Group today are announcing their partnership to create a digital channel that will focus... Continue reading at AdWeek

[ AdWeek | 2013-07-15 00:00:00 UTC ]
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RDA Bankruptcy Plan Approved by Court

RDA Holding, parent company of The Reader's Digest Association, had its plan for emergence from bankruptcy approved and will officially exit Chapter 11 in late July. Continue reading at Folio Magazine

[ Folio Magazine | 2013-07-01 00:00:00 UTC ]
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12 Companies That Have Cut Ties With Paula Deen

Random House's Ballantine Books joined the ranks of the Food Network, Smithfield, Wal-Mart, and a bevy of other companies in ceasing its relationship with the self-proclaimed queen of butter. Continue reading at ABC News

[ ABC News | 2013-06-30 00:00:00 UTC ]
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Spending Review cuts 'mean more library closures'

Library campaigners are braced for a further round of cuts as the Government unveils the latest... Continue reading at The Bookseller

[ The Bookseller | 2013-06-26 00:00:00 UTC ]
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Review: Free and portable Briss cuts PDFs down to size

This portable app's website says "Bright Snippet Sire," but everybody calls this open-source favorite Briss for…er…short. Briss crops a section of a PDF file and creates another PDF file of the cropped area. You can crop unwanted areas from PDFs with Briss. It's free, open-source, and portable,... Continue reading at PC World

[ PC World | 2013-06-26 00:00:00 UTC ]
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IPG offers support as MPG rescue plan fails

The Independent Publishers Guild has brokered a deal with Ingram Content Group to support IPG... Continue reading at The Bookseller

[ The Bookseller | 2013-06-19 00:00:00 UTC ]
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Major library cuts for Lincolnshire

Lincolnshire looks set to axe 32 libraries in a bid to save £2m from the county council... Continue reading at The Bookseller

[ The Bookseller | 2013-06-19 00:00:00 UTC ]
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UNISON survey on library cuts

A survey of 2,000 library staff by union UNISON has revealed claims of major cuts to schools... Continue reading at The Bookseller

[ The Bookseller | 2013-06-18 00:00:00 UTC ]
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Price war sees Kobo mini cut to £29

A price war has been sparked on e-reading devices as the summer holiday season begins, with many... Continue reading at The Bookseller

[ The Bookseller | 2013-06-18 00:00:00 UTC ]
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Life without Amazon? Barefoot Books is the David that cut ties to Goliath

Massachusetts-based publisher Barefoot Books had previously cut ties with Barnes & Noble and Borders. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-05-24 00:00:00 UTC ]
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Blackwell’s plans expansion this year

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[ The Bookseller | 2013-05-24 00:00:00 UTC ]
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Alma launches cut-price classics

Alma Books is launching a new series of low-priced classics, and will be the first publisher in... Continue reading at The Bookseller

[ The Bookseller | 2013-05-20 00:00:00 UTC ]
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US court backs Google book plans

A US federal appeals court has questioned the reasoning behind a class-action lawsuit against Google over its effort to digitise millions of books, suggesting that many authors could benefit from the project. Continue reading at Stuff

[ Stuff | 2013-05-09 00:00:00 UTC ]
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US lawmakers plan sweeping review of copyright

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[ PC World | 2013-04-25 00:00:00 UTC ]
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