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'


Sports publisher theScore’s Facebook Messenger bot has 500,000 monthly users

The publisher formed a six-person emerging platforms team to experiment with new products and features. The post Sports publisher theScore’s Facebook Messenger bot has 500,000 monthly users appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-06-19 00:00:00 UTC ]
More news stories like this |


Canada’s $75,000 Cundill Prize 2018 Jurors: Five Historians in Search of Contemporary Insights

Among the most deeply credentialed juries in the literary award year, the Cundill History Prize's panel for 2018 goes to work at a time when history's lessons are badly needed. Chair Mark Gilbert quotes LP Hartley: 'The past is another country: they do things differently there.' The post... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post canada #badly needed #things differently


The Serious Business of the Literary Party

Eva Chen, director of fashion partnerships at Instagram, Martha Stewart and activist DeRay Mckesson at a party hosted by People magazine during Book Expo America. Continue reading at The New York Times

[ The New York Times | 2018-06-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #eva chen #martha stewart #people magazine


The €100,000 International Dublin Award Highlights Ireland’s Tramp Press

Tramp Press, a small independent house in Ireland, has a winner in Mike McCormack's 'Solar Bones,' later published by Canongate in the UK and Soho Press in the States. McCormack has won the International Dublin Literary Award. The post The €100,000 International Dublin Award Highlights Ireland’s... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mike mccormack #solar bones #soho press


'Major' book on Sky and Murdoch's empire to Bloomsbury Business

Bloomsbury Business has signed a new book about Sky and Rupert Murdoch's empire in a "major" acquisition. Continue reading at The Bookseller

[ The Bookseller | 2018-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #bloomsbury business


Maine Magazine Finds New Owners After Harassment Allegations Force Sale

A group of investors led by Esteem Media founder Adam Japko has acquired the company six weeks after allegations surfaced against owner Kevin Thomas. The post Maine Magazine Finds New Owners After Harassment Allegations Force Sale appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #investors led


Apple iBooks Category Bestsellers, June 3, 2018

The bestselling iBooks in biographies and memoirs, fiction and literature, mysteries and thrillers, and more for the week ended June 3, 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling ibooks


Igloo overhaul puts business back on track

Igloo Books, the mass-market children’s books business owned by Bonnier Publishing, has undergone an overhaul thanks to its new chief executive officer, who has affirmed the division’s future profitability. Continue reading at The Bookseller

[ The Bookseller | 2018-06-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #igloo books #bonnier publishing


Kamila Shamsie Wins £30,000 Women’s Prize for Fiction

In the year that Kamila Shamsie once proposed as a 'Year of Publishing Women,' the Pakistani-British author has won the Women's Prize for Fiction 2018 for 'Home Fire' in London. The post Kamila Shamsie Wins £30,000 Women’s Prize for Fiction appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing women #fiction appeared #kamila shamsie


Walliams’ World’s Worst Children 3 marks hat-trick to series

David Walliams has completed a hat-trick with the third volume of his short story collections, The World’s Worst Children 3 (HarperCollins Children's), scoring the UK Official Top 50 number one. Continue reading at The Bookseller

[ The Bookseller | 2018-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #david walliams


New publisher plans to offer budding authors £24,000 salary

De Montfort Literature will employ an algorithm ‘to identify career novelists’, and hopes to free its writers from second jobsEven the most revered authors held down day jobs, from TS Eliot’s time at Lloyd’s to Walt Whitman’s stint as a government clerk. Now a “successful hedge fund with a... Continue reading at The Guardian

[ The Guardian | 2018-06-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #day jobs #ts eliot #walt whitman #selection process #provide advice


BookExpo 2018: Colleen Hoover: A Very Busy Bookworm

Colleen Hoover makes the time to oversee a subscription box program and specialty bookstore that together have raised more than a million dollars for charity. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #colleen hoover #specialty bookstore #million dollars


My Job in 5: Rachel Faulkner-Willcocks

Rachel Faulkner-Willcocks tells us all about her role as senior commissioning editor at Avon, HarperCollins UK. Continue reading at The Bookseller

[ The Bookseller | 2018-05-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rachel faulkner-willcocks #harpercollins uk


‘A fun adventure, not a business’: The Weather Channel stopped publishing video on Facebook

The Weather Channel is no longer actively publishing videos to Facebook due to a lack of meaningful revenue and Facebook's tendency to routinely shift its priorities. The post ‘A fun adventure, not a business’: The Weather Channel stopped publishing video on Facebook appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-05-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook due #facebook appeared #weather channel #meaningful revenue


Chris Ferrell’s Endeavor Business Media Begins Its Expansion

The upstart B2B publisher acquires five trade publications and a hosted-buyer conferences firm. The post Chris Ferrell’s Endeavor Business Media Begins Its Expansion appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-05-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #chris ferrell


The Business Journals is launching services to diversify its revenue

Starting with SelecTalent, the business news publisher will begin rolling out digital services for small businesses. The post The Business Journals is launching services to diversify its revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-05-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #revenue appeared #digital services #small businesses


Print Units Fell 3% in the First Week of May

Unit sales of print books fell 3% in the week ended May 6, 2018, compared to the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #week ended


Risky business

Philip Jones reflects on the sales of Bertrams, Waterstones and Clays to private equity firms.  Continue reading at The Bookseller

[ The Bookseller | 2018-05-05 00:00:00 UTC ]
More news stories like this |


Pearson 'on track' for growth with first quarter sales up 1%

Pearson has reported it is "on track" to return to underlying profit growth in 2018 after its revenue rose 1% in the first quarter. Continue reading at The Bookseller

[ The Bookseller | 2018-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales


My Job in 5: Daniel Eggleston

Daniel Eggleston tells us all about his role as social media and marketing assistant at Ulverscroft Large Print Books. Continue reading at The Bookseller

[ The Bookseller | 2018-05-05 00:00:00 UTC ]
More news stories like this |