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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Transworld donates 4,000 copies of Our Planet to schools

Transworld has donated 4,000 copies of Our Planet to three schools in London and Middlesbrough. Continue reading at The Bookseller

[ The Bookseller | 2019-12-22 20:48:42 UTC ]
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'In 24 hours, people gave us £40,000': how readers rescued a small press

Galley Beggar Press was facing ruin after the collapse of The Book People, but the public has supplied Christmas magic of a kind I don’t usually buy intoIf a novelist had submitted a story to my publishing company about someone losing £40,000 one day and then regaining it the next, thanks to the... Continue reading at The Guardian

[ The Guardian | 2019-12-19 17:31:08 UTC ]
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Johnson to pledge to cut business rates in bid to revive high street

The government will announce cuts to business rates in the Queen’s Speech today (19th December) in a bid to revive the high street. Continue reading at The Bookseller

[ The Bookseller | 2019-12-19 04:26:38 UTC ]
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Pearson Sells Last 25% of PRH to Bertelsmann

U.K.-based publisher Pearson is selling its last shares in Penguin Random House, representing 25% ownership of the company, to Germany's Bertelsmann, which will now have 100% ownership of the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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Pearson sells remaining stake in PRH, Fallon to depart

Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-18 01:20:40 UTC ]
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Hearst Names Former WarnerMedia and Snap Exec Kristen O’Hara as SVP and Chief Business Officer

Hearst Magazines announced today that former WarnerMedia and Snap executive Kristen O'Hara will be assuming the role of svp and chief business officer, effective Jan. 6. In the newly created position, O'Hara will oversee U.S. advertising sales and marketing for Hearst brands, as well as... Continue reading at AdWeek

[ AdWeek | 2019-12-17 17:58:13 UTC ]
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Pearson wins contract with UK Home Office

Pearson has won a contract with the UK Home Office to deliver secure English language tests (SELTs) to people who need to demonstrate their English language skills to work or live in the UK. Continue reading at The Bookseller

[ The Bookseller | 2019-12-17 10:16:56 UTC ]
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Knights Of Christmas ad hits 100,000 views

​Indie publisher Knights Of is celebrating after its festive inclusive books ad campaign hit 100,000 views.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-16 03:23:22 UTC ]
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BA concerned as Scottish Parliament considers 'retrograde' change to business rates

The Scottish Parliament is considering plans to give local authorities more control over business rates, sparking "extreme concern" from the Booksellers Association.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-16 03:18:34 UTC ]
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Fifty jobs go at publisher SAGE

Around 50 positions have gone at social science publisher SAGE in a process begun in September, the publisher has confirmed, with around half those jobs based in the UK. Continue reading at The Bookseller

[ The Bookseller | 2019-12-13 01:13:45 UTC ]
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Charlesworth Press printing 36,000 personalised books a day as Christmas looms

Yorkshire print firm Charlesworth Press says it is currently producing up to 36,000 personalised children’s books every day as Christmas demand for the bespoke items ramps up. Continue reading at The Bookseller

[ The Bookseller | 2019-12-10 19:12:36 UTC ]
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12,000 visitors for inaugural Words Weekend at Gateshead

Around 12,000 people attended the first edition of Words Weekend in Gateshead over the weekend. Continue reading at The Bookseller

[ The Bookseller | 2019-12-10 00:13:53 UTC ]
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It Might Be Getting Busy Soon (shelftalker)

Hectic holiday shop afternoons make us wonder when it’s going look as busy to customers as we feel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-09 13:00:33 UTC ]
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Gannett: ‘Frontline’ reporting jobs will be last to get cut

Newspaper chain GateHouse and USA Today publisher Gannett recently combined to become the largest newspaper publisher in the U Continue reading at ABC News

[ ABC News | 2019-12-08 16:55:55 UTC ]
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PRH Uses UK Designer for Holiday Campaign, Adds 300,000 Books to Donation

Penguin Random House has a new UK-built D2C holiday gift selector, and ups its donation to longtime charity partner First Book. The post PRH Uses UK Designer for Holiday Campaign, Adds 300,000 Books to Donation appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-12-05 08:30:52 UTC ]
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PRH US donates up to 30,000 books to First Book charity in Obamas' name

Penguin Random House US will donate up to 300,000 more children’s books to First Book, the literacy charity, on behalf of former US President Barack Obama and First Lady Michelle Obama. Continue reading at The Bookseller

[ The Bookseller | 2019-12-04 05:39:25 UTC ]
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Criado Perez wins FT and McKinsey Business Book of the Year Award

Caroline Criado Perez has triumphed to win the Financial Times and McKinsey & Company Business Book of the Year Award 2019 with her gender data gap book, Invisible Women (Chatto & Windus). Continue reading at The Bookseller

[ The Bookseller | 2019-12-04 02:51:49 UTC ]
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How Libraries Are Getting Members To Return: Critical Linking, December 3, 2019

An awesome daily roundup of the most interesting bookish links from around the web! Continue reading at Book Riot

[ Book Riot | 2019-12-03 11:30:46 UTC ]
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More than 380,000 children in UK do not own a single book, says NLT report

More than 380,000 children in the UK do not have a single book of their own, according to new research from the National Literary Trust (NLT). Continue reading at The Bookseller

[ The Bookseller | 2019-12-02 09:31:40 UTC ]
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Clash of the Titans: Business Books 2019-2020

Forthcoming narratives about businesses new and old offer a window onto each company’s history as well as the social and economic contexts out of which they arose and which they in turn have influenced. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-29 05:00:00 UTC ]
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