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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Job Moves: June 16, 2014

Lisa Barnes, formerly Ballantine Bantam Dell assistant director of publicity, has joined the Random House Speakers Bureau as assistant agent director. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-16 00:00:00 UTC ]
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Job Moves: June 13, 2014

At Wm. B. Eerdmans Publishing Company, Bob Hetico has been named the new director of sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-13 00:00:00 UTC ]
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Amazon rebrands Cloud Player with launch of Amazon Music 3 for mobile and desktop

Amazon has refreshed its entire collection of cloud music apps with the releases of Amazon Music for Windows 3.0, Amazon Music for Mac 3.0, Amazon Music  for iPad and iPhone 3.0 and Amazon Music for Android 3.0. All four platforms share similar updates, and accompany Amazon’s foray into music... Continue reading at Betanews

[ Betanews | 2014-06-13 00:00:00 UTC ]
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HBG Closes Business Plus

As part of the staff reductions announced last week by the Hachette Book Group, the company is closing its Business Plus imprint and folding the titles into the Grand Central Publishing list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-13 00:00:00 UTC ]
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Dispatches From Book Leave, Part 3

Slate correspondent Justin Peters is on leave this year while he writes a book based on his February 2013 Slate profile of the Internet activist Aaron Swartz. He has been sending regular progress reports to friends, family, readers, and others interested in getting an inside look at the... Continue reading at Slate

[ Slate | 2014-06-12 00:00:00 UTC ]
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Job Moves: June 12, 2014

At Scholastic Trade, Lizette Serrano has been promoted to director of education/library marketing and conventions, succeeding John Mason who is retiring on July 3 after 28 years at the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-12 00:00:00 UTC ]
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Job Moves: June 10, 2014

Lathea Williams has joined Sourcebooks as an assistant publicity manager, working out of the company’s New York office. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-10 00:00:00 UTC ]
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Job Moves: June 9, 2014

Moira McCann is stepping down as the head of Perseus Books Group's London office. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-09 00:00:00 UTC ]
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Job Moves: June 6, 2014

Baker Publishing Group has appointed Kim Bangs as senior acquisitions editor for the Bethany House and Chosen divisions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-06 00:00:00 UTC ]
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Hachette lays off 3% of staff amid book prices row with Amazon

US publisher will cut staff as 'cost-saving initiative' while row with Amazon continues to hamper ability to sell booksHachette, the multinational book publisher embroiled in a public spat with Amazon, announced that it will be laying off about 3% of its staff on Thursday."Today, we had to make... Continue reading at The Guardian

[ The Guardian | 2014-06-06 00:00:00 UTC ]
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HBG USA lays off 3% of workforce

Hachette Book Group in the US is to lay off 3% of its workforce as part of a “cost-savings... Continue reading at The Bookseller

[ The Bookseller | 2014-06-06 00:00:00 UTC ]
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Hillman, Carson Awarded $65,000 Poetry Prizes

When poetry pays...U.S. poet Brenda Hillman and Canadian Anne Carson each receive $65,000 Griffin Poetry Prize. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-06 00:00:00 UTC ]
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Eimear McBride: Faber reprints 25,000

Faber & Faber is to reprint 25,000 copies of Eimear McBride’s Baileys Women’s... Continue reading at The Bookseller

[ The Bookseller | 2014-06-05 00:00:00 UTC ]
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Job Moves: June 5, 2014

Gary Zelko, director and publisher of the Merck Publishing Group since 1982, has retired. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
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Job Moves: June 4, 2014

Patricia Stockland has been promoted to v-p, editor in chief at Lerner Publishing Group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-04 00:00:00 UTC ]
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Job Moves: June 2, 2014

Long-time adult frontlist book buyer Bill Cusumano, who has been with Nicola’s Books in Ann Arbor, Mich., for the past two decades, is heading South. Later this month he will become a bookseller at Square Books in Oxford, Miss. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
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BEA 2014: Editors Busy Buzzing

BEA attendees faithfully—and eagerly—flock to two panels that have become popular staples of the show’s programming. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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Job Moves: May 29, 2014

Riverdale Avenue Books has named Joseph Pittman editorial director of Dagger, Riverdale’s new mystery and thriller imprint. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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Job Moves: May 28, 2014

Chris Grimm will join Kensington as director of sales, effective June 16. He was most recently v-p of sales at Globe Pequot. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-28 00:00:00 UTC ]
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BEA 2014: James Patterson Gives $268,000 to 43 Booksellers

The grants are part of a million-dollar giveaway by James Patterson to independent booksellers who promote children’s books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-28 00:00:00 UTC ]
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