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 ]
At least 50 more employees have been let go as the integration continues, per sources. The post Layoffs Continue at Hearst Magazines After Rodale Acquisition appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-02-14 00:00:00 UTC ]
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After posting disappointing holiday results, Barnes & Noble instituted a round of layoffs yesterday that it says will save the company $40 million annually and result in severance payments of about $11 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-13 00:00:00 UTC ]
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Tim Godfray, chief executive of the U.K.-based Booksellers Association (BA) since 1984, is stepping back his day-to-day management responsibilities. Meryl Halls is moving is becoming managing director, while Godfray transitions into the role of executive chair of the BA Group. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-30 00:00:00 UTC ]
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The All-Star break has practically left the Kings broken, but they still had a leg to stand on before it began. Just being able to field a lineup before the four-day hiatus was considered victory enough Wednesday. Headlining a grocery list of injuries was the announcement that Jonathan Quick will... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-01-25 00:00:00 UTC ]
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Pearson made "good progress" in 2017, slashing its net debt and projecting full-year profits to come in at the top end of its guidance. Continue reading at The Bookseller
[ The Bookseller | 2018-01-18 00:00:00 UTC ]
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Michael Lynton, chairman of messaging app Snapchat, and a former chair and c.e.o. of Sony Entertainment, has been appointed to the Pearson board of directors. Continue reading at The Bookseller
[ The Bookseller | 2017-12-09 00:00:00 UTC ]
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The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle... Continue reading at Fast Company
[ Fast Company | 2017-12-05 00:00:00 UTC ]
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Pearson has agreed to sell its English language business Wall Street English (WSE) to a group of funds affiliated with Baring Private Equity Asia and CITIC Capital for $300 (£225m). Continue reading at The Bookseller
[ The Bookseller | 2017-11-28 00:00:00 UTC ]
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European publishers are twice as likely as U.S. publishers to have laid off staff or plan to do so to support their pivots to video. The post Digiday Research: 33 percent of European publishers report layoffs to support the pivot to video appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-11-23 00:00:00 UTC ]
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Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update. Continue reading at The Bookseller
[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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The education publisher continues to rise as investors take heart from its latest trading statement. Continue reading at BBC News
[ BBC News | 2017-10-18 00:00:00 UTC ]
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Pearson attributed the small sales decline to what are now familiar trends--stable sales of print and audio offset by modest declines in ebook sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-10-17 00:00:00 UTC ]
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Pearson and Harvard Business Review Press are both strong on the 25-strong shortlist for the £5,000 2017 Management Book of the Year, announced by The Chartered Management Institute (CMI) and the British Library. Continue reading at The Bookseller
[ The Bookseller | 2017-10-10 00:00:00 UTC ]
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Pearson has completed the sale of a 22% stake in Penguin Random House (PRH) to its co-shareholder Bertelsmann. Continue reading at The Bookseller
[ The Bookseller | 2017-10-06 00:00:00 UTC ]
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Pearson was founded in 1844 by Samuel Pearson as S. Pearson and Son, a small building firm in Yorkshire in the North of England. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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Pearson has completed the sale of language training subsidiary Global Education in a deal worth $80m (£62m). Continue reading at The Bookseller
[ The Bookseller | 2017-08-17 00:00:00 UTC ]
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The worldwide educational publisher hopes to save 300 million pounds over the next three years by reducing headcount. Pearson also reported that sales at PRH fell slightly in the first half of 2017, but that profits rose. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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Cost-cutting move aims to save educational publisher around £300m a year with a 10% cut in global staff after biggest loss in history in 2016Pearson is to cut 3,000 jobs as the embattled company looks to slash costs after a slump at its US higher education business.The world’s largest education... Continue reading at The Guardian
[ The Guardian | 2017-08-04 00:00:00 UTC ]
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The education business sold nearly half its stake in the publisher to Bertelsmann, but much of the proceeds will be reinvestedPearson is still going to own a quarter of Penguin Random House, so it’s not too late to hope that it can learn to tell a story like it is. Please, drop this bland... Continue reading at The Guardian
[ The Guardian | 2017-07-12 00:00:00 UTC ]
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Pearson has agreed to sell 22% of its stake in Penguin Random House (PRH) to co-shareholder Bertelsmann, valuing the publisher at $3.55bn (£2.76bn). The deal means Bertelsmann will increase its control over the publisher, owning a 75% stake, while Pearson will own the remaining 25%. The deal is... Continue reading at The Bookseller
[ The Bookseller | 2017-07-11 00:00:00 UTC ]
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