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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Exeter University ditches Pearson to launch online degrees with Keypath

The University of Exeter has ditched its former partner Pearson for a new 10-year partnership with US-based ed-tech provider Keypath Education with whom it is launching online Masters degrees to UK and international students in September this year. Continue reading at The Bookseller

[ The Bookseller | 2017-04-08 00:00:00 UTC ]
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Five Ways Reading Fiction Makes You Better At Your Job

It’s no secret that successful people are readers. Reading helps you stay on top of new trends and learn techniques you can use in your career. Bill Gates and Warren Buffett each share their favorite books at the end of the year, and they’re filled with nonfiction titles. But what about... Continue reading at Fast Company

[ Fast Company | 2017-04-07 00:00:00 UTC ]
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Pearson share slide drags down FTSE 100

The embattled publisher sees its share price slide 7.9% after going ex-dividend. Continue reading at BBC News

[ BBC News | 2017-04-06 00:00:00 UTC ]
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Get a $20 Discount If You Buy 3 Echo Dots on Amazon, For A Limited Time - Deal Alert

Echo Dot is a hands-free, voice-controlled device that uses Alexa to play music, control smart home devices, provide information, read the news, set alarms, read audiobooks from Audible, and more. In fact, new Alexa "skills" are being created all the time. Tell Alexa to start your usual order at... Continue reading at PC World

[ PC World | 2017-04-06 00:00:00 UTC ]
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Popular and Prolific Pope Keeps Publishers Busy

Religion and secular publishers look for new ways to set their titles apart from the hundreds of books on Pope Francis that have been published so far. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-04 00:00:00 UTC ]
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Book Deals: Week of April 3, 2017

Threshold buys a conservative novelty book, Maggie Stiefvater’s new YA goes to Scholastic, Hachette invests in a millennial money guru, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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PW Picks: Books of the Week, April 3, 2017

This week: an absorbingly creepy debut novel set in a decaying old mansion, plus Mary Gaitskill's excellent essay collection. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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This Week's Bestsellers: April 3, 2017

Four crime novels hit our Hardcover Fiction list, including the #1 book in the country, ‘Mississippi Blood.’ Plus ‘The Zookeeper’s Wife’ and ’13 Reasons Why’ sell well ahead of their big and small-screen debuts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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Sun shines on Paris Book Fair as attendees rise 3%

Glorious weather did not deter the French from attending the four-day Paris book fair or Livre Paris, which ended last night with a 3% increase in visitor numbers to nearly 160,000 from 155,000 last year. Continue reading at The Bookseller

[ The Bookseller | 2017-03-29 00:00:00 UTC ]
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Joanna Cannon vows to keep working in NHS after £300,000 book deal

Novelist who began writing to relieve the stress of her psychiatry job says literary success will not stop her listening to ‘real voices’ in hospitalA bestselling debut novelist who wrote her book in a hospital car park as stress release from her job as a psychiatrist is to return to the NHS.... Continue reading at The Guardian

[ The Guardian | 2017-03-29 00:00:00 UTC ]
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Book People appoints Kittlety as it targets schools business

The Book People has appointed former Troubadour sales director, Rob Kittlety, as managing director of field sales. Continue reading at The Bookseller

[ The Bookseller | 2017-03-28 00:00:00 UTC ]
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Pearson chief Fallon awarded 20% pay rise depsite losses

Pearson c.e.o. John Fallon has been awarded a 20% total pay rise despite the fact the company made a £2.6bn loss in 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-03-25 00:00:00 UTC ]
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Pearson boss sees pay boost despite firm's struggles

The publisher's boss sees his pay package rise 20% in 2016 despite a difficult year for the firm. Continue reading at BBC News

[ BBC News | 2017-03-24 00:00:00 UTC ]
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Pearson partners with Leeds University to offer online degrees

Pearson has partnered with the University of Leeds to offer online degree programmes. Continue reading at The Bookseller

[ The Bookseller | 2017-03-23 00:00:00 UTC ]
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My Job in 5: Megan Duff

Megan Duff from Black & White Publishing tells us all about her role as assistant commissioning editor. Continue reading at The Bookseller

[ The Bookseller | 2017-03-21 00:00:00 UTC ]
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My Job in 5: David Martin

David Martin from Atwood Tate tells us all about his role as a senior consultant. Continue reading at The Bookseller

[ The Bookseller | 2017-03-21 00:00:00 UTC ]
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Children's Books in China 2017: Juvenile & Children Reading Experience Wonderland: A New Business Model

Located in Beijing’s central business district, the two-story Juvenile & Children Reading Experience Wonderland is a full-fledged subsidiary of China Children’s Press & Publication Group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-17 00:00:00 UTC ]
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London Book Fair Opens on an Upbeat, Busy Note

With publicity agents churning out releases and publishers' stands hectic with meetings, London Book Fair has opened its crowded three-day schedule. The post London Book Fair Opens on an Upbeat, Busy Note appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-03-15 00:00:00 UTC ]
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London Book Fair 2017: For Publishers, Business Is Booming, but Brexit Means Uncertainty

For a second year in a row, publishers arrived at the London Book Fair with the wind at their backs. Will Brexit change that? Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-14 00:00:00 UTC ]
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