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 ]
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London Book Fair: Main Stage Programming Announcements

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Winter Institute 2024: Keynote Speakers Share Business World Wisdom

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Stephen Blake Mettee, Book Business Entrepreneur, Dies at 76

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Bombardier unveils new private jet assembly plant at Pearson airport

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Pearson’s biggest shareholder says it should leave London and relist in US

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