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 ]
News tagged with: #profit warnings

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Workers Across Book Business Take Collective Action Against Racism

On June 8, a group of more than 1,100 workers across book and media industries, most of them junior staffers, will take a day off from work, donate a day's pay to one of a number of fundraisers, and use their time to engage in acts of service in an effort to protest the killings of George Floyd,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-08 04:00:00 UTC ]
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AAP newswire saved but jobs to be lost in slimmed down operation

A consortium of investors led by former News Corp CEO Peter Tonagh will buy the Australian Associated Press saving up to 95 jobsThe Australian Associated Press Newswire has been saved at the 11th hour by a consortium of investors and philanthropists led by former News Corp chief executive Peter... Continue reading at The Guardian

[ The Guardian | 2020-06-05 06:33:42 UTC ]
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How the Book Business Can, and Must, Build a New Future

A black author challenges publishing to be more daring in creating space for all writers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-05 04:00:00 UTC ]
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In Mexico, One Bookstore per 120,000 Inhabitants, by Elena Poniatowska

Pandemic Dispatches Elena Poniatowska In this column that originally appeared in La Jornada, Elena Poniatowska considers the role of editors and talks with Diego Rabasa, founder of publisher Sexto Piso. Already precarious, the pandemic lockdown has made... Continue reading at World Literature Today

[ World Literature Today | 2020-06-03 21:05:48 UTC ]
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In Mexico, One Bookstore per 120,000 Inhabitants, by Elena Poniatowska

Cultural Cross Sections Elena Poniatowska In this column that originally appeared in La Jornada, Elena Poniatowska considers the role of editors and talks with Diego Rabasa, founder of publisher Sexto Piso. Already precarious, the pandemic lockdown has... Continue reading at World Literature Today

Endeavor Business Media Announces Several New Hires | People on the Move

[caption id="attachment_181071" align="alignright" width="150"] Paul Andrews[/caption] Despite a string of recent acquisitions and what CEO Chris Ferrell termed "significant financial exposure" due to a suspension of live events, Nashville-based Endeavor Business Media evidently still has the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-03 20:20:06 UTC ]
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Social Justice Resources for the Book Business

As protests against police violence and in support of marginalized communities continue nationwide, 'PW' has put together a list of social justice resources to aid members of the book business and others in their efforts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-03 04:00:00 UTC ]
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Time Out Is All “In” on Rebuilding Its Business Post-Pandemic

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[ Folio Magazine | 2020-05-28 16:08:28 UTC ]
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News Corp to cut hundreds of jobs in move towards digital-only publishing

Publisher of the Australian, the Daily Telegraph and the Herald Sun is expected to stop publishing as many as 100 titles News Corp Australia is poised to cut hundreds of jobs as it moves towards digital-only publishing for many of its local and regional papers and more copy sharing among its... Continue reading at The Guardian

[ The Guardian | 2020-05-27 10:53:51 UTC ]
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AAP bidders likely to shed jobs at newswire service, if they can save it

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[ The Guardian | 2020-05-26 07:19:35 UTC ]
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Denver's BookBar Switches Up Business Model

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[ Publishers Weekly | 2020-05-26 04:00:00 UTC ]
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RWA axes RITA awards and launches new prize after racism row

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[ The Bookseller | 2020-05-22 06:05:35 UTC ]
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“We Were Created for a Moment Like This.” How Harvard Business Review Is Forging Ahead During a Pandemic

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[ Folio Magazine | 2020-05-21 17:12:01 UTC ]
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[ The Bookseller | 2020-05-07 01:50:55 UTC ]
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Axel Springer Merges eMarketer, Business Insider Intelligence to Form ‘Insider Intelligence’

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[ Editor & Publisher | 2020-05-06 21:51:48 UTC ]
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Macmillan Children's hires Pearson and Timms as publishing directors

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[ The Bookseller | 2020-05-05 14:15:14 UTC ]
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Robinson wins £10,000 RSL Ondaatje Prize for A Portable Paradise

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[ The Bookseller | 2020-05-04 17:47:00 UTC ]
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[ The Bookseller | 2020-04-29 16:46:13 UTC ]
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Government brings in new loans to help pandemic-struck small businesses

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[ The Bookseller | 2020-04-27 14:18:05 UTC ]
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