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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Inside Harvard Business Review’s Plans to Boost High-Frequency Traffic

How the 94-year-old publisher is taking a 21st-century approach to driving loyalty among its digital audience. The post Inside Harvard Business Review’s Plans to Boost High-Frequency Traffic appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-05-11 00:00:00 UTC ]
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By getting into the news business, Facebook opened itself up to a new controversy

To lure more users and advertising dollars, Facebook has increasingly assumed the role of a news organization by curating and publishing articles -- and to great effect. Four in 10 U.S. adults now get their news from the social media giant. But with recent accusations that Facebook suppressed... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-05-11 00:00:00 UTC ]
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My Job in 5; Alba Adriana Proko, Digital Assistant, Kings Road Publishing

Describe your role I assist on specialist digital projects across the four imprints of Kings Road Publishing: Blink, Templar, Studio Press and Weldon Owen. My role enables me to work on a wide spectrum of exciting projects, from app scoping and testing, to ebook management and sales reports,... Continue reading at The Bookseller

[ The Bookseller | 2016-05-11 00:00:00 UTC ]
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Bauer merges its UK magazine publishing businesses

German multi-media owner brings together titles such as Take a Break, TV Choice, Kerrang! and Q in consolidation German media giant Bauer is to merge its two UK publishing operations, bringing together titles including Take A Break, TV Choice and Grazia with Heat, Kerrang! and Q.The two... Continue reading at The Guardian

[ The Guardian | 2016-05-11 00:00:00 UTC ]
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My Job in 5; Jodie Mullish, Communications Director, Bluebird, Pan Macmillan

This week I asked Jodie Mullish, Communications Director at Bluebird, Pan Macmillan about her role and what advice she had for those looking for a job in publishing. Continue reading at The Bookseller

[ The Bookseller | 2016-04-30 00:00:00 UTC ]
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Pearson forced to defend its strategy at rowdy a.g.m

Pearson has been forced to defend its business strategy at its a.g.m today (29th April), with shareholders voicing their anger over the decline in the company's share price. However, c.e.o John Fallon has vowed "we will get Pearson growing again". Continue reading at The Bookseller

[ The Bookseller | 2016-04-30 00:00:00 UTC ]
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Readerlink Adds to its Distribution Business

Readerlink Distribution Services has signed an agreement to acquire the retail book distribution business of ANconnect, which distributes books to 3,600 Walmart and 644 Sam's Club outlets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-28 00:00:00 UTC ]
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Book Depot Betting Big on Its Returns Business

The Ontario, Canada-based book wholesaler is completing a $3 million project to add a large-scale mechanical sorter, robotics, and supporting technologies that will give it significantly faster sorting capabilities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-19 00:00:00 UTC ]
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A Busy International Book Fair Season

Major fairs in Bologna and London made for a busy 10 days for publishers worldwide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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Euromoney Divests Energy Publishing Businesses

Gulf Publishing Company and Petroleum Economist sold to Houston-based consortium led by Gulf CEO John Royall and investor Russell Denson. The post Euromoney Divests Energy Publishing Businesses appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-04-15 00:00:00 UTC ]
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My Job In 5; Miles Salter, Writer and Director, York Literature festival

I Interviewed Miles about his role heading up York Literature Festival and how he sees the festival expanding.  He also has some great advice for those looking for a job in books. Continue reading at The Bookseller

[ The Bookseller | 2016-04-12 00:00:00 UTC ]
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London Digital 2016: Publishing Is a Digital Business

Some 25,000 attendees from more than 120 countries are expected at the 2016 London Book Fair (April 12–14), and while this year’s fair will be underscored by the 400th birthday of William Shakespeare, the focus on the show floor will firmly be on the future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-11 00:00:00 UTC ]
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Sphere non-fiction acquires Instagram star's 'Fit in 3'

Sphere non-fiction has acquired a debut health and fitness book by Instagram sensation Faya Nilsson, a personal trainer and winner of Cosmopolitan’s Lifestyle Blogger of the Year for her blog, fitnessontoast.com. Continue reading at The Bookseller

[ The Bookseller | 2016-04-08 00:00:00 UTC ]
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The Grid to Random House Business Books

Random House Business Books has acquired The Grid by 32-year-old business guru Matt Watkinson. Continue reading at The Bookseller

[ The Bookseller | 2016-04-08 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, April 3, 2016

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended April 3, 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-08 00:00:00 UTC ]
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Business Insider joins 1 billion monthly Facebook video views club

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[ Digiday | 2016-04-08 00:00:00 UTC ]
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JK Rowling's Harry Potter chair sells for £278,000

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[ The Guardian | 2016-04-07 00:00:00 UTC ]
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Bologna 2016: A Busy First Day as the Fair Opens

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[ Publishers Weekly | 2016-04-05 00:00:00 UTC ]
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My Job In 5; Helen Clifford, Marketing Manager, The London Book Fair

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[ The Bookseller | 2016-04-05 00:00:00 UTC ]
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PA plans to recruit 10,000 'Reading Ambassadors'

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[ The Bookseller | 2016-04-02 00:00:00 UTC ]
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