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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Leadership Briefs: 3 Execs on Navigating Challenges in New Roles

If there’s one universal truth in publishing, it’s that you can never get complacent. You see that even with the launch of the new subscription service Apple News+, for which publishers are lining up in one way or another as they question the reliability of Google and Facebook to send them... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-01 00:00:00 UTC ]
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Rare ‘Harry Potter’ book featuring misspelled title fetches $90,000 at auction

A rare first edition of a "Harry Potter" book featuring a misspelled title fetched about $90,000 at an auction last week, the Independent reported Friday. The copy of "Harry Potter and the Philosopher's Stone" (published in the U.S. as "Harry Potter and the Sorcerer's Stone"), the first book in... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-01 00:00:00 UTC ]
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Kings' past haunts them in shootout after Canucks' Tanner Pearson scores winning goal

Tanner Pearson scored in the fourth round of the shootout and the Vancouver Canucks kept their faint playoff hopes alive, beating the Los Angeles Kings 3-2 Thursday night. Brock Boeser and Alex Edler scored in regulation for the Canucks, who are seven points behind Colorado for the second... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-29 00:00:00 UTC ]
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How Publishers Are Streamlining Their Businesses With Marketing Automation

From controlling the temperature in our homes and offices to helping drive our cars, automation is changing our everyday lives. This shift is transforming the way that we do business as well, and has been a game changer in the way that publishers approach marketing. By tapping into marketing... Continue reading at Folio Magazine

[ Folio Magazine | 2019-03-29 00:00:00 UTC ]
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‘We can’t afford it’; Daunt hits back at real living wage campaign as petition approaches 8,000

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[ The Bookseller | 2019-03-29 00:00:00 UTC ]
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Feminist Library crowdfunder just £5,000 short with days left

The Feminist Library is only £5,000 short of its crowdfunding target for its move to Peckham with just days left to go. Continue reading at The Bookseller

[ The Bookseller | 2019-03-27 00:00:00 UTC ]
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Google News Initiative and McClatchy Will Fill a Local News Void in 3 U.S. Markets

Google News Initiative, the search-engine giant's program to work with publishers in the media industry, teamed up with newspaper publisher McClatchy on an initiative to bring local news coverage to three small and midsized communities in the U.S. that are currently lacking local sources of news... Continue reading at AdWeek

[ AdWeek | 2019-03-27 00:00:00 UTC ]
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Reality Check: Symbolism and Nostalgia Are Not Business Models

Apologies for what follows. You’ve caught me staring in the face of the devil. That’s one of the things I’m staring at. The other is a big stack of New Yorkers. Unthumbed-through. It’s 15 issues deep. Not for the reason we all sometimes have magazines piled up. It’s not that I’ve squandered time... Continue reading at Folio Magazine

[ Folio Magazine | 2019-03-25 00:00:00 UTC ]
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North Canterbury author up for best International business book award

A book written by a North Canterbury author is up for a special international business book award in London next week.  Continue reading at Stuff

[ Stuff | 2019-03-21 00:00:00 UTC ]
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Rebecca Solnit, Young Jean Lee among winners of $165,000 Windham-Campbell literary awards

Eight writers, including California residents Rebecca Solnit and Young Jean Lee, were named winners of the annual Windham-Campbell Prizes, some of the richest and most prestigious literary awards in the world. The announcement was made Wednesday in London, at an event hosted by Damian Barr, the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-14 00:00:00 UTC ]
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February Religion Bestsellers: 'Duck Dynasty' Star Takes #3; Colleen Coble Returns

‘Duck Dynasty’ star Phil Robertson's call to action in ‘The Theft of America’s Soul' debuts at #3 in Religion Nonfiction, while Colleen Coble's latest romance broke into the top five in Religion Fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-13 00:00:00 UTC ]
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London Book Fair 2019: In Canada, a Busy Year for Copyright

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[ Publishers Weekly | 2019-03-12 00:00:00 UTC ]
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London Book Fair 2019: What a New Regime in Mexico Means for the Book Business

PW talks to Fernando Esteves, Managing Director of Ediciones SM in Mexico, about the state of the Mexican book business, and what lies ahead in 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-12 00:00:00 UTC ]
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This Big Facebook Critic Fears Tech’s Business Model

Roger McNamee was a mentor Mark Zuckerberg and an early investor in Facebook. Now he has written a book about the "Facebook catastrophe." Continue reading at Wired

[ Wired | 2019-03-11 00:00:00 UTC ]
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‘Mockingbird’ Play Publisher Demands $500,000 From Harper Lee Estate

The set for “To Kill a Mockingbird” at the Kavinoky Theater at D’Youville College in Buffalo being taken down last month after several theaters were forced to cancel their productions. Continue reading at The New York Times

[ The New York Times | 2019-03-08 00:00:00 UTC ]
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Traditional Book Business Drags Down Wiley in Q3

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[ Publishers Weekly | 2019-03-05 00:00:00 UTC ]
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Amazon puts former Kindle leader in charge of its pharmacy business

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[ Engadget | 2019-02-28 00:00:00 UTC ]
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PEN America Names Its 2019 Literary Award Laureates: $370,000 in Winnings

The best literature, says PEN America president Jennifer Egan at the organization's 2019 awards in New York City 'embodies hard truths, contradictions, and discoveries.' The post PEN America Names Its 2019 Literary Award Laureates: $370,000 in Winnings appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-02-27 00:00:00 UTC ]
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Baillie Gifford Prize boosts prize money to £50,000 in new sponsorship deal

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[ The Bookseller | 2019-02-23 00:00:00 UTC ]
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A M Heath rights assistant wins £10,000 David Miller Bursary

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[ The Bookseller | 2019-02-21 00:00:00 UTC ]
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