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 company, which has issued five profit warnings in the last four years, intends to cut about 10% of its 32,000 global workforce. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-08-04 00:00:00 UTC ]
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[ The New York Times | 2020-08-08 15:46:39 UTC ]
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Evening Standard to cut 115 jobs as Covid-19 hits advertising

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[ The Guardian | 2020-08-07 10:58:35 UTC ]
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Society of Authors gives £185,000 in grants to writers

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BookTrust hands out 237,000 books during lockdown

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[ The Bookseller | 2020-07-24 08:05:58 UTC ]
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[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
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