Pearson to Cut 3,000 More Jobs

The worldwide educational publisher hopes to save 300 million pounds over the next three years by reducing headcount. Pearson also reported that sales at PRH fell slightly in the first half of 2017, but that profits rose. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
News tagged with: #profits rose

Other news stories related to: "Pearson to Cut 3,000 More Jobs"


Pearson to Cut 3,000 More Jobs

The worldwide educational publisher hopes to save 300 million pounds over the next three years by reducing headcount. Pearson also reported that sales at PRH fell slightly in the first half of 2017, but that profits rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profits rose


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... Continue reading at The Guardian

[ The Guardian | 2017-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit warnings


Pearson to cut 4,000 jobs after second profit warning in three months

World’s biggest education publisher aims to make £350m in cost savings by the end of 2017Pearson is to cut 4,000 jobs after issuing its second profit warning in three months. The world’s biggest education publisher said it aimed for annual savings of £350m by the end of 2017 and it would end its... Continue reading at The Guardian

[ The Guardian | 2016-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cost savings #profit warning


Pearson Cutting 4,000 Jobs as First-Half Sales Decline

Pearson Plc (PSON), the publisher of the Financial Times, said today it will have cut a total of about 4,000 jobs in the two years through 2014 and reported a sales decline of 6.5 percent for the first half. The cuts are equivalent to about 10 perc ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline


Meredith plans to sell off Time, Fortune and Sports Illustrated and cut 1,000 jobs

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell the flagship publication Time, as well as Sports Illustrated, Fortune and the Money brand, after completing a review of the $1.8-billion deal. The company also intends to eliminate about 1,000 jobs over... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #meredith corp #sports illustrated #bought time


Pearson UK 'ahead of plan' on 2016 job cuts

A spokesperson for Pearson UK has said the company is "80% of the way there and ahead of plan" on its latest job-cutting restructure, as the wider company looks to make £250m annualised cost savings globally this year plus a further £100m in 2017. Continue reading at The Bookseller

[ The Bookseller | 2016-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson uk #wider company


4,000 jobs to go in Pearson shake-up

Education publisher Pearson says it is to shed 10% of its worldwide workforce in an effort to cuts costs. Continue reading at BBC News

[ BBC News | 2016-01-21 00:00:00 UTC ]
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Sunday Express editor David Wooding departs Reach amid further job cuts

Wooding left as part of a move to dismantle the remaining dedicated Sunday Express editorial team to create a seven-day operationThe Sunday Express editor, David Wooding, has become the latest top editorial executive to depart Reach, as the national and regional newspaper publisher embarks on... Continue reading at The Guardian

[ The Guardian | 2024-11-16 14:19:24 UTC ]
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Cheap AI voice clones may wipe out jobs of 5,000 Australian actors

Industry group says rise of vocal technology could upend many creative fields, including audiobooks – the canary in the coalmine for voice actorsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastVoice actors say they’re... Continue reading at The Guardian

[ The Guardian | 2024-06-29 20:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook #artificial intelligence #free app #latest updatesget #creative fields


Amazon's Audible is laying off 5% of its workforce, marking another round of job cuts in tech

Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce Continue reading at ABC News

[ ABC News | 2024-01-11 22:47:05 UTC ]
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Warner Bros studios in Leavesden to expand, creating 4,000 UK jobs

Studios behind Harry Potter films to undergo 400,000 sq ft expansion by 2027, in boost to struggling industryThe Warner Bros studios behind the Harry Potter film series are to undergo a major expansion, creating 4,000 jobs and providing a boost to Britain’s beleaguered film and TV production... Continue reading at The Guardian

[ The Guardian | 2023-09-21 21:30:09 UTC ]
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Los Angeles Times announces 74 job cuts due to economic challenges

The Los Angeles Times says it is cutting 74 jobs due to economic challenges as the newspaper strives to transform itself into a digital media organization Continue reading at ABC News

[ ABC News | 2023-06-07 20:06:25 UTC ]
More news stories like this | News stories tagged with: #digital media #economic challenges


News Corp to cut 1,250 jobs after missing second-quarter estimates

Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch’s media conglomerateMedia conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to weakness in its news and digital real... Continue reading at The Guardian

[ The Guardian | 2023-02-09 22:30:39 UTC ]
More news stories like this | News stories tagged with: #news corp #major publishing #york post #marketing spend


College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales

NFT advocates often tout the technology's ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including... Continue reading at Engadget

[ Engadget | 2022-08-03 20:10:20 UTC ]
More news stories like this | News stories tagged with: #pearson #makes sense #analogue world #secondary market #major attributes #nft advocates #second-hand sales


Sutanto wins £3,000 CWIP Prize with debut 'crackling with comic energy'

Debut author Jesse Sutanto has won the CWIP Prize for Published Comic Novel, for her "deliciously frantic comedy caper" Dial A for Aunties (HarperCollins), with Dolly Alderton coming runner-up. Continue reading at The Bookseller

[ The Bookseller | 2021-11-08 09:52:15 UTC ]
More news stories like this | News stories tagged with: #debut author #cwip prize #comic energy


Sheikh Zayed Book Award: 3,000+ Submissions, a New Record

The Sheikh Zayed Book Award reports a 76-percent rise in submissions of work by women, and a 47-percent jump in entries of men's work. The post Sheikh Zayed Book Award: 3,000+ Submissions, a New Record appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-11-03 02:09:08 UTC ]
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Frankfurt Book Fair cuts jobs in 'painful' restructure

Frankfurt Book Fair has completed its restructure and cut an undisclosed number of roles in what it has called a “painful and far-reaching” process. Continue reading at The Bookseller

[ The Bookseller | 2020-12-17 06:13:00 UTC ]
More news stories like this | News stories tagged with: #book fair #frankfurt book fair


Job cuts on the way as Frankfurt Book Fair considers future plans

The Frankfurt Book Fair has warned job cuts are on the way as director Juergen Boos outlined future “modernising” plans that will see virtual events play a larger part in future fairs. Continue reading at The Bookseller

[ The Bookseller | 2020-11-13 02:55:29 UTC ]
More news stories like this | News stories tagged with: #frankfurt book fair #larger part #job cuts


HMH Reorganization Will Cut 525 Jobs

As Houghton Mifflin Harcourt shifts more of its education publishing business to the creation of digital products, the company said it has implemented a restructuring program that will cut its workforce by 22% in order to save between $95 million to $100 million annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-01 04:00:00 UTC ]
More news stories like this | News stories tagged with: #houghton mifflin harcourt #publishing business #digital products


Daily Mail publisher to cut up to 100 jobs as revenues fall

DMGT says quarterly print advertising down 69% and digital income down 17% The publisher of the Daily Mail, Mail on Sunday, the i and Metro is to cut up to 100 roles as the coronavirus pandemic continues to hammer the newspaper and magazine industry.Daily Mail & General Trust, which also... Continue reading at The Guardian

[ The Guardian | 2020-08-13 11:23:11 UTC ]
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