Pearson Cutting 4,000 Jobs as First-Half Sales Decline

Pearson Plc (PSON), the publisher of the Financial Times, said today it will have cut a total of about 4,000 jobs in the two years through 2014 and reported a sales decline of 6.5 percent for the first half. The cuts are equivalent to about 10 perc ... Continue reading at 'Editor & Publisher'

[ Editor & Publisher | 2014-07-25 00:00:00 UTC ]
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Pearson Cutting 4,000 Jobs as First-Half Sales Decline

Pearson Plc (PSON), the publisher of the Financial Times, said today it will have cut a total of about 4,000 jobs in the two years through 2014 and reported a sales decline of 6.5 percent for the first half. The cuts are equivalent to about 10 perc ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline


Pearson to cut 4,000 jobs after second profit warning in three months

World’s biggest education publisher aims to make £350m in cost savings by the end of 2017Pearson is to cut 4,000 jobs after issuing its second profit warning in three months. The world’s biggest education publisher said it aimed for annual savings of £350m by the end of 2017 and it would end its... Continue reading at The Guardian

[ The Guardian | 2016-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit warning #cost savings


Pearson to Cut 3,000 More Jobs

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 ]
More news stories like this | News stories tagged with: #profits rose


4,000 jobs to go in Pearson shake-up

Education publisher Pearson says it is to shed 10% of its worldwide workforce in an effort to cuts costs. Continue reading at BBC News

[ BBC News | 2016-01-21 00:00:00 UTC ]
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Warner Bros studios in Leavesden to expand, creating 4,000 UK jobs

Studios behind Harry Potter films to undergo 400,000 sq ft expansion by 2027, in boost to struggling industryThe Warner Bros studios behind the Harry Potter film series are to undergo a major expansion, creating 4,000 jobs and providing a boost to Britain’s beleaguered film and TV production... Continue reading at The Guardian

[ The Guardian | 2023-09-21 21:30:09 UTC ]
More news stories like this | News stories tagged with: #major expansion #harry potter


College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales

NFT advocates often tout the technology's ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including... Continue reading at Engadget

[ Engadget | 2022-08-03 20:10:20 UTC ]
More news stories like this | News stories tagged with: #second-hand sales #nft advocates #major attributes #secondary market #analogue world #makes sense #pearson


Half Price Books Cuts Workforce By More Than 2,000

Half Price Books has laid off or furloughed 2,146 people, representing 78% of its workforce of 2,752. The company operates 126 stores in 17 states, all of which are closed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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Quarto reports 'encouraging' first half, but cuts jobs and closes Minneapolis office

Quarto has reported an "encouraging" trading performance for the first six months of 2018, including a group revenue rise of 12% year-on-year to $56.2m (2017: $50.2m) and an improved gross profit margin of 50.1% (2017: 48.2%). Continue reading at The Bookseller

[ The Bookseller | 2018-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarto reports #trading performance


Meredith plans to sell off Time, Fortune and Sports Illustrated and cut 1,000 jobs

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell the flagship publication Time, as well as Sports Illustrated, Fortune and the Money brand, after completing a review of the $1.8-billion deal. The company also intends to eliminate about 1,000 jobs over... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bought time #sports illustrated #meredith corp


Pearson to axe 3,000 jobs after slump at main US business

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 ]
More news stories like this | News stories tagged with: #profit warnings


Rare bookseller puts Harry Potter first editions on sale for over £4,000

A rare bookseller is selling two first editions of Harry Potter and the Philosopher’s Stone (Bloomsbury) for more than £10,000 combined. Continue reading at The Bookseller

[ The Bookseller | 2017-06-07 00:00:00 UTC ]
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Pearson UK 'ahead of plan' on 2016 job cuts

A spokesperson for Pearson UK has said the company is "80% of the way there and ahead of plan" on its latest job-cutting restructure, as the wider company looks to make £250m annualised cost savings globally this year plus a further £100m in 2017. Continue reading at The Bookseller

[ The Bookseller | 2016-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wider company #pearson uk


Pearson Sales Rise But Sees Lower Half-Year Profit

LONDON (Dow Jones)--Pearson PLC (PSON.LN), the publisher of the Financial Times newspaper and Penguin books, Friday produced a healthy rise in first-quarter revenue, but warned profit will be down in the first half of 2012 due to seasonal effects an ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-04-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #penguin books #first-quarter revenue


Print book sales decline in first half of 2011

Written By: Charlotte Williams and Philip Stone Publication Date: Fri, 08/07/2011 - 09:55 Print sales across the book market have dropped by 3% in the first six months of 2011, compared to the same period last year, with Jamie Oliver the bestselling author over the period, ahead of Julia... Continue reading at The Bookseller

[ The Bookseller | 2011-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #charlotte williams #book market #jamie oliver #bestselling author #julia donaldson #james patterson #simon schuster #sales growth


Soaring June Sales Boost 2021 First Half Bookstore Sales

Bookstore sales skyrocketed 811% in June over a year ago, and finished the first half of 2021 with a 30% increase over the first six months of 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-08-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore sales #bookstore


Bookshop crowdfunder raises £4,000 to give 1,000 schoolchildren Greta Thunberg's book

A Big Green Bookshop campaign has raised more than £3,000 to get a copy of climate activist Greta Thunberg's book into the hands of 1,000 schoolchildren. Continue reading at The Bookseller

[ The Bookseller | 2019-07-31 07:07:49 UTC ]
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After 4,000 miles and 5,000 book giveaways, Poetry to the People is back home.

On June 28, the Poetry to the People tour wrapped up its 4,000 mile round-trip journey from Brooklyn to New Orleans and back. It was exhausting and exhilarating. There’s nothing like putting a free book into the hands of someone who will obviously love it. The enthusiasm for story was palpable... Continue reading at Literrary Hub

[ Literrary Hub | 2019-07-08 14:50:37 UTC ]
More news stories like this | News stories tagged with: #back home #free book


Barnes & Noble Digital Sales Quadruple, Retail Sales Decline

Bookseller and newsstand provider Barnes and Noble had a strong first quarter with its digital content, sales in that channel quadrupled. Though digital sales have had some tenacious growth, sales at retail decreased by more than $25.7 million or 3 percent. Continue reading at Folio Magazine

[ Folio Magazine | 2011-08-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital sales #digital content


Amazon's Audible is laying off 5% of its workforce, marking another round of job cuts in tech

Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce Continue reading at ABC News

[ ABC News | 2024-01-11 22:47:05 UTC ]
More news stories like this | News stories tagged with: #job cuts #audiobook


German publisher halts sale of top author’s books after leak reveals he received €600,000 from Putin ally

Broadcaster NDR launches investigation after Hubert Seipel admits receiving support for work on two books on Russian leaderA German publisher has announced a stop to the sale of books authored by a leading journalist and Russia expert after an investigation showed he had received at least... Continue reading at The Guardian

[ The Guardian | 2023-11-15 14:31:23 UTC ]
More news stories like this | News stories tagged with: #vladimir putin #russian leader #german publisher