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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Literature on Lockdown 3: #CultureConnectsUs

Many lives are radically different right now. But birthdays, anniversaries, and public holidays come and go as before. The pink supermoon would have appeared whether we’d watched it from our windows or outdoors among a crowd of strangers. This week, Earth Day, Shakespeare’s birthday, and World... Continue reading at British Council global

[ British Council global | 2020-04-24 14:34:13 UTC ]
More news stories like this | News stories tagged with: #huge bestseller #originally planned #international reach ##cultureconnectsus #book series #bologna children’s book fair #libraries #first novel #literary festival #literature festival #anthology #world book


Humane Resources: Business Books 2020

Flexibility and follow-through, new business books say, are key to navigating a world in flux. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #business books


Pearson down 5% in first quarter amid Covid-19 disruption

Pearson has reported it will pay its final dividend for 2019 to investors and is not furloughing any staff, despite a 5% fall in global revenues for the first quarter as a result of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 16:58:47 UTC ]
More news stories like this | News stories tagged with: #5% fall #global revenues #pearson


Amazon revealed as mystery £250,000 donor to UK bookshops

Fundraiser for retailers facing hardship during the coronavirus pandemic reveals that benefactor is internet giant widely blamed for trade’s declineAmazon, the internet retail giant vilified for years as public enemy No 1 to booksellers, has been revealed as the surprise mystery benefactor that... Continue reading at The Guardian

[ The Guardian | 2020-04-23 11:37:33 UTC ]
More news stories like this | News stories tagged with: #amazon revealed #uk bookshops #public enemy #coronavirus pandemic #month ago #kishani widyaratna #adam kay #david nicholls #funding target #booksellers association #penguin random house #books publisher


My Job in 5: Jo Fenn

Jo Fenn is the HR Director of Imagine That Publishing and the star of this week's My Job in 5 Continue reading at The Bookseller

[ The Bookseller | 2020-04-21 15:48:57 UTC ]
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Small Press Distribution is asking for $100,000 to cover coronavirus-related losses.

Small Press Distribution, which has brought titles from hundreds of independent publishers to readers for more than 50 years, is in urgent need of financial help to keep from folding. A GoFundMe campaign is aiming to raise $100,000 to cover its next month of costs, including health care for its... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-21 15:11:21 UTC ]
More news stories like this | News stories tagged with: #independent publishers #gofundme campaign #small press


Here’s the shortlist for the £10,000 Ondaatje Prize.

Today, the shortlist for the Royal Society of Literature’s Ondaatje Prize was announced. This £10,000 prize is awarded every year to a book—be it fiction, nonfiction, or poetry—that best evokes the spirit of a place. In other words: here’s a great reading list for armchair travel if you are... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-20 15:33:02 UTC ]
More news stories like this | News stories tagged with: #royal society


Love, hope and business

Contrary to what you might read elsewhere, there are three stages to a pandemic. Continue reading at The Bookseller

[ The Bookseller | 2020-04-17 07:22:01 UTC ]
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Changed My Mind podcasters sign with Random House Business

Random House Business has acquired Poles Apart, "a major new analysis of political and social tribalism" by the presenters of the podcast "Changed My Mind". Continue reading at The Bookseller

[ The Bookseller | 2020-04-17 07:14:51 UTC ]
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And the winner of the $35,000 Aspen Words Literary Prize is…

The Aspen Institute has just announced the winner of their 2020 Literary Prize: Christy Lefteri, for her novel, The Beekeeper of Aleppo, which tells the story of Syrian refugees in Great Britain. The Aspen Words Literary Prize was established to celebrate a work of fiction that spotlights a... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-16 22:00:41 UTC ]
More news stories like this | News stories tagged with: #aspen institute #christy lefteri #syrian refugees #great britain #literary prize


My Job in 5: Federico Andornino

Meet Federico Andornino, Editorial Director at Orion Books, he's under the spotlight this week for My Job in 5. Continue reading at The Bookseller

[ The Bookseller | 2020-04-16 13:02:33 UTC ]
More news stories like this | News stories tagged with: #orion books


My Job In 5: Peter Phillips

Peter Phillips is the CEO of Cambridge University Press and he's under our spotlight for this week's My Job in 5. Continue reading at The Bookseller

[ The Bookseller | 2020-04-15 23:05:38 UTC ]
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My Job in 5: Becca Harper-Day

Becca Harper-Day is a Digital and Social Marketing Manager and lets us in on how she drives crowdfunding for Unbound Continue reading at The Bookseller

[ The Bookseller | 2020-04-15 19:31:48 UTC ]
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Taylor & Francis owner Informa issues shares as coronavirus hits business

Taylor & Francis owner Informa has launched an issue of shares worth 19.9% of its existing capital as the coronavirus pandemic hits its events business. Continue reading at The Bookseller

[ The Bookseller | 2020-04-15 15:21:35 UTC ]
More news stories like this | News stories tagged with: #existing capital #events business


Spanish Author Javier Castillo Meets 60,000 Fans Online During Coronavirus Lockdown

The Snow Girl by bestselling author Javier Castillo came out two days before Spain's coronavirus lockdown. So his publisher Suma took his 30-city book tour online—where thousands of fans were waiting. The post Spanish Author Javier Castillo Meets 60,000 Fans Online During Coronavirus Lockdown... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-04-09 14:00:21 UTC ]
More news stories like this | News stories tagged with: #coronavirus lockdown #book tour #bestselling author


NEA Offering $75 Million to Nonprofits to Save Jobs

The National Endowment for the Arts is now taking applications for $75 million in grants to nonprofit arts organizations to combat job losses related to Covid-19. Grants are fixed at $50,000 for individual nonprofits. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
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RELX reports 'significant impact' to exhibitions business owing to coronavirus

RELX, whose Reed Exhibitions business organises the London Book Fair and BookExpo, has published a trading statement revealing exhibitions are being "impacted significantly" by the coronavirus outbreak, making the group's outlook for the year as a whole "highly uncertain". Continue reading at The Bookseller

[ The Bookseller | 2020-04-08 07:29:50 UTC ]
More news stories like this | News stories tagged with: #coronavirus outbreak #significant impact #london book fair #relx


A newly discovered portrait of Mary Pearson reminds us that the Austens were total jerks about her.

Long before Tinder, there was Jane Austen, warning your dates and their families that you looked nothing like your picture: in this instance, her subject was Mary Pearson, a portrait of whom has recently been discovered and acquired by Jane Austen’s House museum. Pearson, who likely inspired... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-07 15:55:45 UTC ]
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Poets dominate the shortlist for the £30,000 Dylan Thomas Prize.

Here is the shortlist for this year’s Swansea University Dylan Thomas Prize. In its fifteenth year, the Dylan Thomas Prize is one of the UK’s most prestigious literary awards, as well as the largest literary prize for young writers (that means age 39 and under). Congratulations to the finalists!... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-07 13:39:50 UTC ]
More news stories like this | News stories tagged with: #fifteenth year #young writers #literary prize


4 Shout-Outs to Publishers Doing Their Part During the COVID-19 Outbreak | April 3

Last week we decided to pay a small tribute to members of our community who are giving back in some way during the unprecedented crisis caused by COVID-19. While the health of the industry is in peril, the publishing community is thinking beyond their top and bottom lines and are instead... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-03 14:54:47 UTC ]
More news stories like this | News stories tagged with: #food banks #staying connected #hardest hit #free copies #give back #magazine publisher #publishing community