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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How Bookstores Are Balancing Politics and Business

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[ Publishers Weekly | 2018-11-23 00:00:00 UTC ]
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Anime NYC 2018 Attracts 36,000 Fans to Javits Center

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[ Publishers Weekly | 2018-11-20 00:00:00 UTC ]
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Pearson agrees sale of One Southwark Bridge for £115m

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[ The Bookseller | 2018-11-15 00:00:00 UTC ]
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Carreyrou’s inside story of Theranos scandal named FT/ McKinsey Business Book of the Year

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[ The Bookseller | 2018-11-14 00:00:00 UTC ]
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Russia Textbook Piracy Is In the News: 160,000 Copies Reported Seized

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[ Publishing Perspectives | 2018-11-13 00:00:00 UTC ]
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Pan Mac wins 10-way auction for Raz's business guide

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[ The Bookseller | 2018-11-13 00:00:00 UTC ]
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Endeavor Business Media Buys Healthcare Brand From Vendome Group

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[ Folio Magazine | 2018-11-02 00:00:00 UTC ]
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[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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[ The Bookseller | 2018-10-20 00:00:00 UTC ]
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[ The Bookseller | 2018-10-19 00:00:00 UTC ]
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[ Folio Magazine | 2018-10-18 00:00:00 UTC ]
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[ Folio Magazine | 2018-10-16 00:00:00 UTC ]
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[ Folio Magazine | 2018-10-12 00:00:00 UTC ]
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[ The Bookseller | 2018-10-12 00:00:00 UTC ]
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[ Los Angeles Times | 2018-10-09 00:00:00 UTC ]
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[ Digiday | 2018-09-27 00:00:00 UTC ]
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