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

Other Publishing stories related to: 'Pearson to axe 3,000 jobs after slump at main US business'


This Week's Bestsellers: June 3, 2019

Fox News host Mark R. Levin has the #1 book in the country with ‘Unfreedom of the Press.’ Plus ‘Make Your Bed’ author William H. McRaven returns with ‘Sea Stories,’ and the end of HBO’s ‘Game of Thrones’ spells strong sales for George R.R. Martin’s books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-31 00:00:00 UTC ]
More news stories like this |


Book Deals: Week of June 3, 2019

Amazon Original Stories buys Mindy Kaling’s bite-size essays, Random House announces a date for Jim Mattis’s book, Feiwel and Friends falls for the Jonas Brothers, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #jonas brothers


Reflections From My Not-So-Romantic Stint in the Magazine Business

Yeah, I was in the magazine business before you were. Probably. This was from 1973 to 1977, a gentler time when baseball uniforms were double-knit and Nazis had the decency to cower in South America and Good & Plenty was a household name. It was a time, dear reader, before Photoshop. Before... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-30 14:46:31 UTC ]
More news stories like this | News stories tagged with: #fair number #sports illustrated #deep roots


Federal departments may have broken law by microtargeting job ads

Several federal government departments — including the Canada Border Services Agency, the Correctional Service of Canada and the RCMP — have restricted who can see their job ads on Facebook by age, which could violate Canadian human rights law. ... Continue reading at CBC

[ CBC | 2019-05-29 08:00:00 UTC ]
More news stories like this |


Penguin donates £10,000 to Lady Chatterley’s Lover crowdfunder

Penguin has donated £10,000 to the crowdfunding campaign to keep a historic copy of Lady Chatterley’s Lover in the UK. Continue reading at The Bookseller

[ The Bookseller | 2019-05-24 03:23:01 UTC ]
More news stories like this | News stories tagged with: #lady chatterley #crowdfunding campaign #historic copy


Rihanna’s Fenty fashion label opens for business in Paris

Rihanna revealed her first Fenty collection in Paris on Wednesday evening. She arrived wearing a blazer as a dress—the white canvas number had exaggerated shoulders and was cinched in at the middle with a built-in corset—paired with strappy going-out heels in gold leather, all from her new... Continue reading at Advertising Age

[ Advertising Age | 2019-05-23 16:56:09 UTC ]
More news stories like this | News stories tagged with: #—bloomberg news


Facebook removes 3 billion fake accounts in 6 months

Facebook removed more than three billion fake accounts from October to March, twice as many as the previous six months, the social networking company said Thursday. Continue reading at CBC

[ CBC | 2019-05-23 16:32:45 UTC ]
More news stories like this | News stories tagged with: #facebook removed


Facebook catches 3 billion fake accounts, but the ones it misses are the real problem

The company, which reports 2.39 billion monthly active users, says it zapped 3 BILLION fake accounts in two quarters alone, and that it caught only “most of them.” Facebook held a press call today to report to the world that it has removed 3 billion fake accounts during the last quarter of 2018... Continue reading at Fast Company

[ Fast Company | 2019-05-23 15:50:14 UTC ]
More news stories like this | News stories tagged with: #real problem


Promotions for Mirchandani, Main and Morley in Picador restructure

Picador has revealed promotions for Ravi Mirchandani, Francesca Main and George Morley as part of an editorial restructure. Continue reading at The Bookseller

[ The Bookseller | 2019-05-23 12:36:43 UTC ]
More news stories like this | News stories tagged with: #francesca main #editorial restructure


Sharjah Opens $350,000 Turjuman Award for Books in Translation

Sharjah's new Turjuman Award is for publishers who translation Arabic books into other languages. Submissions open in November during the Sharjah Book Fair. The post Sharjah Opens $350,000 Turjuman Award for Books in Translation appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-05-23 00:30:13 UTC ]
More news stories like this | News stories tagged with: #translation appeared #submissions open


McDonald’s workers want OSHA to investigate pattern of on-the-job violence

Every 36 hours on average, American local news outlets deliver a new report on violence at a McDonald’s. A group of employees in Chicago say workers bear the brunt of such incidents—enough to constitute a pattern of regular on-the-job violence they want the company to address across the U.S. In... Continue reading at Advertising Age

[ Advertising Age | 2019-05-22 14:33:16 UTC ]
More news stories like this | News stories tagged with: #bernie sanders #—bloomberg news


'Level the playing field': BA urges Treasury Select Committee to reform business rates

Booksellers Association m.d. Meryl Halls has urged the Treasury Select Committee to "level the playing field" and reform business rates.  Continue reading at The Bookseller

[ The Bookseller | 2019-05-21 22:14:38 UTC ]
More news stories like this | News stories tagged with: #playing field #booksellers association #meryl halls


How BuzzFeed Is Making its Video Shows Business Sustainable

BuzzFeed plans to make 20 episodic video shows across Facebook, YouTube and other platforms this year. In an effort to Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-05-21 17:00:27 UTC ]
More news stories like this |


'It's impossible to turn away from this job': photographer Lynsey Addario on what drives her into danger

The most dangerous places on the planet exert an irresistible pull on Lynsey Addario, and the Pulitzer Prize-winning photojournalist has never shied away from shining a spotlight on victims of war and oppression despite the peril it puts her in. ... Continue reading at CBC

[ CBC | 2019-05-20 08:00:00 UTC ]
More news stories like this | News stories tagged with: #dangerous places


Meredith Claims Improved Ad Results, Strong Circ Business in Q3

Meredith Corp. execs touted what they saw as encouraging signs for both print and digital advertising as well as a significant uptick in consumer-driven revenue on an earnings call Friday reporting the company's performance in the third quarter of 2019 (Meredith's fiscal years start in July... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-14 16:48:23 UTC ]
More news stories like this | News stories tagged with: #pushed back #cost savings #sports illustrated #60% stake


'Business of Brexit' book goes to Biteback

Biteback will publish a book about "how and why politics and business have become utterly disconnected in the past decade", entitled F**k Business: The Business of Brexit, by Iain Anderson, chairman of Cicero Group. Continue reading at The Bookseller

[ The Bookseller | 2019-05-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #past decade


The Week in Libraries: May 3, 2019

Among the week's headlines: Macmillan Learning commits to 'born accessible' ebooks; Project Panorama is surveying Readers' Advisory practices; and, is a voluntary 'small claims court' for copyright feasible? Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-03 04:00:00 UTC ]
More news stories like this |


Baker & Taylor to close retail wholesale business

Distributor Baker & Taylor (B&T) will shut down its retail wholesale business in a bid to align its operations with the education focus of parent company Follett Corporation. Continue reading at The Bookseller

[ The Bookseller | 2019-05-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #baker taylor #education focus


Industry Reacts to B&T Exiting the Retail Wholesale Business

Booksellers and former competitors alike are developing plans on how to deal with the news that Baker & Taylor will be closing down its retail wholesale business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #baker taylor


Why would Google want to buy Pearson?

While educational publishers sought to build bespoke platforms to engage educators, tech giants secured the channel. Jon White wonders—is a shift about to occur? Continue reading at The Bookseller

[ The Bookseller | 2019-05-02 00:00:00 UTC ]
More news stories like this |