Macmillan Lays Off Some Staff, Temporarily Cuts Some Salaries

Macmillan Publishers has laid off an undisclosed number of employees across all divisions, temporarily reduced pay for select employees, and implemented a hiring freeze, effective today. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
News tagged with: #macmillan publishers #hiring freeze #effective today #macmillan

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‘Everyone feels the pain’: Major digital publishers enact pay and benefits cuts to stanch the bleeding

Several publishers have begun announcing their pay cuts and furlough plans as ad revenue continues drying up. Seeing patterns from previous recessions, former media execs explain why these cost controls are only temporary fixes. The post ‘Everyone feels the pain’: Major digital publishers enact... Continue reading at Digiday

[ Digiday | 2020-03-31 04:01:00 UTC ]
More news stories like this | News stories tagged with: #pay cuts #cost controls #digital publishers


Indigo Lays Off 5,200, Urges Shoppers to Buy 'True Canadian'

Indigo Books and Music, Canada's dominant bookstore chain, closed all of its 199 retail locations on March 18. On Friday, March 27, the company laid off 5,200 of 7,000 total employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-31 04:00:00 UTC ]
More news stories like this | News stories tagged with: #indigo books #bookstore


B&N Temporarily Closes 400 Outlets

The retailer has temporarily closed about 400 stores to the public as it works with state and local official to comply with shelter-in-place rules. At many outlets that are closed for in-store shopping, B&N is continuing to offer curbside pickup for online orders. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
More news stories like this | News stories tagged with: #temporarily closed #in-store shopping #online orders


Macmillan Withdraws from BookExpo 2020

Macmillan Publishers will not exhibit at BookExpo and BookCon 2020, making the house the last of the Big Five publishers to announce their withdrawal from the annual trade show. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-26 04:00:00 UTC ]
More news stories like this | News stories tagged with: #macmillan publishers #macmillan #bookexpo


Racing Post to temporarily suspend publication of print edition

• Tom Kerr: ‘We have been left with no other choice’• Cork racecourse becomes coronavirus testing centre The Racing Post, the sport’s trade newspaper, will “temporarily suspend” publication of its print edition from Friday, leaving a number of its journalists “temporarily stood down” while the... Continue reading at The Guardian

[ The Guardian | 2020-03-25 17:30:32 UTC ]
More news stories like this | News stories tagged with: #racing post #daily newspaper #closed doors


Quarto 'pleased' to post 2019 profit, but pandemic forces cost-cutting measures

Quarto has posted a trading update for its 2019 results, saying it expects revenues to slip 9% to $135.8m (2018: $149.3m) but will be returning a profit of $2.9m.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 02:44:11 UTC ]
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The Bookseller survey: staff experiences of working through the coronavirus challenge

At the coronavirus outbreak reshapes our industry, The Bookseller is inviting staff members from across the book trade to share their experiences of working during the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-24 12:47:26 UTC ]
More news stories like this | News stories tagged with: #bookseller survey #coronavirus outbreak #bookseller


Strand Bookstore Lays Off 188 Booksellers

The Strand bookstore confirmed Sunday that 188 employees, the majority of the bookstore’s staff, have been let go in the wake of the Covid-19 outbreak. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-22 04:00:00 UTC ]
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Barnes & Noble warns of potential cuts if stores close due to coronavirus

Barnes & Noble boss James Daunt has sent a letter to staff warning of potential lay offs if stores are closed due to the coronavirus. Continue reading at The Bookseller

[ The Bookseller | 2020-03-20 01:04:03 UTC ]
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Scholastic moves to cut costs as it anticipates coronavirus impact

Scholastic Corporation has said it expects business in the fourth quarter to be affected by coronavirus-related school closures and it is taking "agressive actions to reduce operating expenses throughout the Company" as a result, including the temporary closure of warehouse and distribution... Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 15:51:43 UTC ]
More news stories like this | News stories tagged with: #cut costs #scholastic corporation #fourth quarter #scholastic


Macmillan drops controversial US e-book library policy

Macmillan has abandoned its controversial lending policy on e-books for US libraries in the wake of the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-03-18 05:44:27 UTC ]
More news stories like this | News stories tagged with: #coronavirus crisis #libraries #macmillan #e-book


Coronavirus: Macmillan and PRH Ease Library Digital Book Availability

Macmillan's John Sargent reverses his controversial stance on library ebooks, and Penguin Random House announces a discounted program amid the outbreak. The post Coronavirus: Macmillan and PRH Ease Library Digital Book Availability appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-17 20:47:59 UTC ]
More news stories like this | News stories tagged with: #post coronavirus #library ebooks #penguin random house #digital book #macmillan


Macmillan Walks Back Ebook Embargo

Macmillan Publishers has announced they will return to the library ebook pricing model that was in place October 31, 2019. Continue reading at Book Riot

[ Book Riot | 2020-03-17 20:14:04 UTC ]
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Major Indie Bookstores Lay Off Hundreds

Three prominent bookstores, McNally Jackson in New York City, Powell's Books in Portland, Ore., and Busboys and Poets in Washington, D.C., have together laid off more than 600 employees as a result of the coronavirus crisis. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #prominent bookstores #mcnally jackson #coronavirus crisis


Major Indie Bookstores Lay Off Hundreds

Three prominent bookstores, McNally Jackson in New York City, Powell's Books in Portland, Ore., and Busboys and Poets in Washington, D.C., have together laid off more than 600 employees as a result of the coronavirus crisis. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #prominent bookstores #mcnally jackson #coronavirus crisis


Macmillan Abandons Library E-book Embargo

“There are times in life when differences should be put aside,” reads a brief memo from Macmillan CEO John Sargent addressed to librarians, authors, illustrators, and agents, revealing that Macmillan will "return to the library e-book pricing model that was in effect on October 31st, 2019." Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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Pan Macmillan to close office in response to coronavirus

Pan Macmillan has announced it is closing its offices from close of play this Thursday (19th March), "until further notice", and has asked everyone at the company to work from home "for the foreseeable future".  Continue reading at The Bookseller

[ The Bookseller | 2020-03-17 01:55:46 UTC ]
More news stories like this | News stories tagged with: #foreseeable future #pan macmillan #macmillan


Weldon prepares staff to work from home as PRH UK cancels all events

Penguin Random House UK is expecting all London-based staff to work from home from Tuesday (17th March) and cancelling all events, including bookshop events, Penguin Live, launch parties and "any meetings". Continue reading at The Bookseller

[ The Bookseller | 2020-03-16 02:54:57 UTC ]
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Coronavirus live updates: S&S tells all staff to work from home, more events cancelled

The impact of the coronavirus outbreak continues to be felt across the trade, with further cancellations of literary events and larger numbers in the book trade now working from home to fight the spread. Continue reading at The Bookseller

[ The Bookseller | 2020-03-15 14:06:36 UTC ]
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Coronavirus: Madrid Fair Moves to October; BISG Postpones; Macmillan Works at Home

Our roundup today includes international book business event information from New Zealand, Colombia, Spain, Tunisia, and the United States. The post Coronavirus: Madrid Fair Moves to October; BISG Postpones; Macmillan Works at Home appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-13 14:32:50 UTC ]
More news stories like this | News stories tagged with: #post coronavirus #home appeared #macmillan