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'


Bloomberg’s Twitter network TicToc is getting 750,000 daily views

Along with platforms like Snapchat and Apple News, Twitter has an opportunity to cozy up to publishers where Facebook has disappointed them. The post Bloomberg’s Twitter network TicToc is getting 750,000 daily views appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post bloomberg #apple news


Tanner Pearson delivers Kings a needed victory

The All-Star break has practically left the Kings broken, but they still had a leg to stand on before it began. Just being able to field a lineup before the four-day hiatus was considered victory enough Wednesday. Headlining a grocery list of injuries was the announcement that Jonathan Quick will... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-25 00:00:00 UTC ]
More news stories like this |


Rare Stephen King works destroyed in Maine bookstore flood

Stephen King may be the Master of Horror, but one of his fans is dealing with horror of a new kind. A Bangor, Maine, bookstore owner lost several of King’s rare manuscripts and books after a burst pipe flooded his store's basement, the Bangor Daily News reports. Gerald Winters, the owner of... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #stephen king


My Job in 5: Daiden O'Regan

Daiden O'Regan tells us all about her role as sales and events executive at Black & White Publishing. Continue reading at The Bookseller

[ The Bookseller | 2018-01-19 00:00:00 UTC ]
More news stories like this |


Pearson has made 'good progress' in 2017

Pearson made "good progress" in 2017, slashing its net debt and projecting full-year profits to come in at the top end of its guidance. Continue reading at The Bookseller

[ The Bookseller | 2018-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson made #top end


Hollywood is adding jobs as TV and digital content surges, MPAA report says

Hollywood is adding jobs and giving a boost to small businesses around the country as studios continue to ramp up production of TV series and digital content, according to a new report that is expected to be published Monday by the Motion Picture Assn. of America. The MPAA ​said that jobs... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tv series #small businesses #digital content #published monday


3 Predictions for Magazine Media in the Year Ahead

Will this be the year magazine media turns itself around, or should we expect more doom and gloom? The post 3 Predictions for Magazine Media in the Year Ahead appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-01-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine media #year ahead


'Fire and Fury' Sells over 28,000 Copies in Two Days

The most talked about book of the new year sold 28,567 print copies in first two days on sale, according to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-10 00:00:00 UTC ]
More news stories like this |


Trends in the European Marketplace: 2016 Numbers Stable, and Affected by Pound Sterling Slump

The Federation of European Publishers reports gains across much of its membership's markets in 2016 but acknowledges that the British pound's softness renders the result fairly flat. The post Trends in the European Marketplace: 2016 Numbers Stable, and Affected by Pound Sterling Slump appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post trends


Book Aid sends 930,000 books to world's 'most vulnerable'

Book Aid International sent over 930,000 books to thousands of communities across 20 countries in 2017, it said in its end of year summary. Continue reading at The Bookseller

[ The Bookseller | 2018-01-09 00:00:00 UTC ]
More news stories like this |


Westwick axed from Agatha Christie drama after abuse allegations

English actor Ed Westwick has been axed from the BBC's Agatha Christie drama after being accused of sexual assault. Continue reading at The Bookseller

[ The Bookseller | 2018-01-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #abuse allegations #sexual assault


Businesses asked to buy 'literacy toolkits' for schools

The National Literacy Trust and Walker Books have created a Literacy Toolkit for businesses to donate to primary schools and community groups. Continue reading at The Bookseller

[ The Bookseller | 2018-01-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #primary schools #walker books #community groups


SoA grants £140,000 in support of authors' new work

The Society of Authors has distributed more than £140,000 between 61 authors to help support them in the development and completion of new work.  Continue reading at The Bookseller

[ The Bookseller | 2017-12-23 00:00:00 UTC ]
More news stories like this |


BA to lobby for bookshop business rates discount

The Booksellers Association is to urge the government to grant bookshops a discount on their business rates, arguing that they are cultural entities which provide "huge benefits" to their communities. Continue reading at The Bookseller

[ The Bookseller | 2017-12-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #booksellers association #business rates #huge benefits


The Kindle Changed the Book Business. Can It Change Books?

A decade after the first Kindle, Amazon looks toward disrupting books themselves. Continue reading at Wired

[ Wired | 2017-12-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book business


France’s Publishers Cite Progress in Sustainable Paper Consumption; Bowker Partners With Book+Main

French publishers say 93 percent of their paper is now recycled or green-certified and Bowker partners with book discovery startup Book+Main. The post France’s Publishers Cite Progress in Sustainable Paper Consumption; Bowker Partners With Book+Main appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post france #french publishers


My Job in 5: Ain Deheb Bensenouci

Ain Deheb Bensenouci tells us all about her role as academic partnership executive at Epigeum, Oxford University Press. Continue reading at The Bookseller

[ The Bookseller | 2017-12-15 00:00:00 UTC ]
More news stories like this |


Letter from the Editors: Covering Sexual Abuse in the Book Business

As a trade publication for the book business, we are committed to helping make publishing a profession where all members are given the respect they deserve. That means covering sexual abuse in publishing—with rigor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book business #trade publication


Snapchat chair joins Pearson board

Michael Lynton, chairman of messaging app Snapchat, and a former chair and c.e.o. of Sony Entertainment, has been appointed to the Pearson board of directors.  Continue reading at The Bookseller

[ The Bookseller | 2017-12-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michael lynton


Apple iBooks Category Bestsellers, December 3, 2017

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended December 3, 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling ibooks