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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Hilary Bell from Luath Press tells us all about her role as production and editorial manager. Continue reading at The Bookseller
[ The Bookseller | 2017-03-11 00:00:00 UTC ]
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Chancellor Philip Hammond has partially bowed to pressure from retailers to tackle “crippling” business rate hikes in April with three measures aimed at relief, equating to £435m a year cut. Continue reading at The Bookseller
[ The Bookseller | 2017-03-09 00:00:00 UTC ]
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A class action complaint has been filed against Pearson in the US on grounds of over-optimism for its financial projections, relating to revisions to the education company's 2017 forecast and the retraction of its ambitious £800m profit target for 2018. Continue reading at The Bookseller
[ The Bookseller | 2017-03-02 00:00:00 UTC ]
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The shadow business secretary has criticised the government's handling of business rates, branding the changes set to take effect in April "a ticking time bomb", ahead of a Labour emergency roundtable due to take place today (Monday 27th February). Continue reading at The Bookseller
[ The Bookseller | 2017-02-28 00:00:00 UTC ]
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Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to... Continue reading at The Bookseller
[ The Bookseller | 2017-02-25 00:00:00 UTC ]
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Robyn Bosley tells us all about her role as rights sales representative at Cambridge University Press. Continue reading at The Bookseller
[ The Bookseller | 2017-02-25 00:00:00 UTC ]
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Elsevier marginally increased its sales and profits in 2016, in spite of what it described as "steeper declines" for print books sales than in recent years, "reflecting market conditions". Continue reading at The Bookseller
[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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Brad Peterson on his role as publicity and promotions co-ordinator at Jolly Learning. Continue reading at The Bookseller
[ The Bookseller | 2017-02-18 00:00:00 UTC ]
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The Treasury has hit back at so-called "scaremongering" reports, reassuring businesses that the vast majority will see no change to their business rate bills in April. Continue reading at The Bookseller
[ The Bookseller | 2017-02-17 00:00:00 UTC ]
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Mark Piesing looks at the opportunities and challenges for Pearson in the UK market. Continue reading at The Bookseller
[ The Bookseller | 2017-02-16 00:00:00 UTC ]
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West Berkshire Council has voted to axe almost half of its library staff, with volunteers expected to fill the vacancies, Newbury Today has reported. Continue reading at The Bookseller
[ The Bookseller | 2017-02-16 00:00:00 UTC ]
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Maureen Baker tells us all about her role as executive assistant at Octopus Publishing Group. Continue reading at The Bookseller
[ The Bookseller | 2017-02-11 00:00:00 UTC ]
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Lyndsey Fineran tells us about her job as programme manager at Cheltenham Literature Festival. Continue reading at The Bookseller
[ The Bookseller | 2017-02-04 00:00:00 UTC ]
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Pearson chief executive John Fallon has branded Donald Trump's travel ban policy "deeply worrying" in a rare political comment from the usually non-partisan education company. Continue reading at The Bookseller
[ The Bookseller | 2017-02-01 00:00:00 UTC ]
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Lucy Broughton tells us about her role as marketing executive at Watkins Publishing. Continue reading at The Bookseller
[ The Bookseller | 2017-01-28 00:00:00 UTC ]
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Pan Macmillan has promoted editorial directors Francesca Main and Trish Jackson as part of its "ongoing" aim to grow its commercial and literary fiction programmes. Continue reading at The Bookseller
[ The Bookseller | 2017-01-26 00:00:00 UTC ]
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More than 50 businesses, including Facebook, Amazon and Experian have signed this year’s Vision for Literacy Business Pledge, orchestrated by the National Literacy Trust. Continue reading at The Bookseller
[ The Bookseller | 2017-01-26 00:00:00 UTC ]
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Author Jeanette Winterson has said she fears a "species wipe out" of small independent shops in London in the wake of the business rates re-evaluation set to come in April. Continue reading at The Bookseller
[ The Bookseller | 2017-01-25 00:00:00 UTC ]
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The International Publishers Association has opened the call for nominees for its freedom to publish award, which last year was renamed The Prix Voltaire. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-01-23 00:00:00 UTC ]
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