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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[ The Bookseller | 2012-02-10 00:00:00 UTC ]
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[ The Bookseller | 2012-02-08 00:00:00 UTC ]
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Ambitious plans for Apple textbook growth

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[ The Bookseller | 2012-01-30 00:00:00 UTC ]
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[ Editor & Publisher | 2012-01-20 00:00:00 UTC ]
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[ Editor & Publisher | 2012-01-19 00:00:00 UTC ]
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[ The Bookseller | 2012-01-18 00:00:00 UTC ]
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[ The Bookseller | 2012-01-16 00:00:00 UTC ]
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[ The Bookseller | 2012-01-12 00:00:00 UTC ]
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[ The Bookseller | 2012-01-05 00:00:00 UTC ]
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[ The Bookseller | 2011-11-24 00:00:00 UTC ]
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[ The Bookseller | 2011-11-14 00:00:00 UTC ]
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[ The Bookseller | 2011-11-04 00:00:00 UTC ]
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