Layoffs in Pearson US restructure

Sixty-eight jobs have gone at Pearson's higher education business in the US, as part of the... Continue reading at 'The Bookseller'

[ The Bookseller | 2014-03-19 00:00:00 UTC ]

Other Publishing stories related to: 'Layoffs in Pearson US restructure'


Pearson sells slice of Penguin for $1bn

The beleaguered FTSE 100 firm strengthens balance sheet by selling a 22% stake to Bertelsmann in deal valuing the publishing giant at $3.55bn Pearson has sold a 22% stake in Penguin Random House, the world’s biggest publisher, with titles ranging from Fifty Shades of Grey, Jamie Oliver and The... Continue reading at The Guardian

[ The Guardian | 2017-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #deal valuing #publishing giant #biggest publisher #titles ranging #fifty shades #jamie oliver #profit warnings


Pearson sells 22% stake in Penguin Random House

Shares in the publishing firm rise after it says the sale will raise about $1bn (£776m). Continue reading at BBC News

[ BBC News | 2017-07-11 00:00:00 UTC ]
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Layoffs at Papercutz

The children's graphic novel publisher has laid off several workers, including its v-p of marketing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-20 00:00:00 UTC ]
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Pearson Plans More Cuts, May Sell School Group

Pearson said it has plans to further reduce costs by $300 million, and it is also reviewing its strategic options for the K-12 courseware business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson plans #reduce costs #$300 million #strategic options


Pearson shareholders overwhelmingly reject Fallon's £1.5m pay

Pearson shareholders have rejected chief executive John Fallon's £1.5m pay package at the company's a.g.m. today.  Continue reading at The Bookseller

[ The Bookseller | 2017-05-06 00:00:00 UTC ]
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Pearson: two-thirds of shareholders reject pay package

Two-thirds of investors in the loss-making education publisher vote against John Fallon's pay rise. Continue reading at BBC News

[ BBC News | 2017-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john fallon #pay rise


FTSE 100 boosted by Pearson and IAG

Shares in the education publisher jump after it announces plans for more cost cuts. Continue reading at BBC News

[ BBC News | 2017-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #announces plans #cost cuts


Pearson shareholders reject chief executive's £1.5m pay package

Investors’ revolt against deal for John Fallon comes after educational publisher reports largest annual loss in its historyMore than six out of 10 Pearson shareholders have voted against the £1.5m pay package awarded to the embattled chief executive, John Fallon, after the educational publisher... Continue reading at The Guardian

[ The Guardian | 2017-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john fallon


Quarto restructures global sales and marketing teams

The Quarto Group has implemented a new global sales and marketing structure, which has seen the English Language Sales team divided into three main channels: US Sales, UK and Europe Sales, and International Sales. Continue reading at The Bookseller

[ The Bookseller | 2017-04-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #global sales #europe sales #international sales #marketing teams #quarto group


HMH Makes Another Round of Layoffs

Houghton Mifflin Harcourt ramped up its cost cutting initiatives yesterday, laying off approximately 20 people in its trade division. The company would not comment on the number of job cuts, but admitted that "organizational changes" had been made. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trade division #job cuts


Pearson Strikes Textbook Rental Deal with NACS

Pearson will make 50 textbooks available for rent this fall in a deal signed with the National Association of College Stores subsidiary, indiCo. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #deal signed #national association


Pearson to partner with Chegg on textbook rentals

Pearson is to partner with American online textbook rental company Chegg to make its higher education textbooks more affordable to use. Continue reading at The Bookseller

[ The Bookseller | 2017-04-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #textbook rentals


Exeter University ditches Pearson to launch online degrees with Keypath

The University of Exeter has ditched its former partner Pearson for a new 10-year partnership with US-based ed-tech provider Keypath Education with whom it is launching online Masters degrees to UK and international students in September this year. Continue reading at The Bookseller

[ The Bookseller | 2017-04-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #10-year partnership


Pearson share slide drags down FTSE 100

The embattled publisher sees its share price slide 7.9% after going ex-dividend. Continue reading at BBC News

[ BBC News | 2017-04-06 00:00:00 UTC ]
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Pearson chief Fallon awarded 20% pay rise depsite losses

Pearson c.e.o. John Fallon has been awarded a 20% total pay rise despite the fact the company made a £2.6bn loss in 2016.  Continue reading at The Bookseller

[ The Bookseller | 2017-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john fallon


Pearson boss sees pay boost despite firm's struggles

The publisher's boss sees his pay package rise 20% in 2016 despite a difficult year for the firm. Continue reading at BBC News

[ BBC News | 2017-03-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #difficult year


Pearson partners with Leeds University to offer online degrees

Pearson has partnered with the University of Leeds to offer online degree programmes. Continue reading at The Bookseller

[ The Bookseller | 2017-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson partners


HMH Restructuring Begins

Suffering from a downturn in the educational market, Houghton Mifflin Harcourt has confirmed that it began a series of organizational changes last week that have resulted in, among other things, layoffs in its educational division as well as its trade division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #educational division #trade division


Pearson is being sued for 'over-optimistic' financial projections

A class action complaint has been filed against Pearson in the US on grounds of over-optimism for its financial projections, relating to revisions to the education company's 2017 forecast and the retraction of its ambitious £800m profit target for 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-03-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education company


Pearson reports £2.6bn loss for the year

Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to... Continue reading at The Bookseller

[ The Bookseller | 2017-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education market #profit warning #sharp rise #47% stake #trade publisher #underlying growth