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 long-held policy of increasing its dividend each year. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2016-01-21 00:00:00 UTC ]
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Profits Soar at HarperCollins as Audio Sales Boom

A 29% increase in sales of digital audio, coupled with lower costs, resulted in a 67% increase in profits at the publisher in the quarter ended December 31, 2023, over the comparable period a year ago. Total sales were up 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-08 05:00:00 UTC ]
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Book Riot’s Deals of the Day for February 4, 2024

Black nature writing, burnt cake, how paperback books played a role in World War II, and more of today's best book deals. Continue reading at Book Riot

[ Book Riot | 2024-02-04 11:00:00 UTC ]
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Amazon Turns $2.7 Billion Loss in 2022 to a Profit of $30 Billion in 2023

A strong holiday shopping season, an improved fulfillment operation, and cost cuts including an estimated 27,000 layoffs resulted in a $30 billion profit for Amazon in 2023 following a loss of $2.7 billion in 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-02 05:00:00 UTC ]
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5 New Books to Read for Black History Month

These books by Black authors include moving explorations of the past, bold visions of the future, and sage advice for the present. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-01 05:00:00 UTC ]
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Two novelists have cut ties with PEN over its Mayim Bialik event and Gaza silence.

Two prominent novelists have broken with PEN America over the organization’s decision to platform controversial actor and outspoken ceasefire opponent Mayim Bialik, as well as its relative silence on the unfolding genocide in Gaza (which so far has claimed the lives of at least 120 writers,... Continue reading at Literrary Hub

[ Literrary Hub | 2024-01-31 20:56:06 UTC ]
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The week's bestselling books, Feb. 4

The Southern California Independent Bookstore Bestsellers list for Sunday, Feb. 4, 2024, including hardcover and paperback fiction and nonfiction. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-01-31 14:00:44 UTC ]
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4 New Books That Explore Geopolitics

From the southern border of the U.S. to the lithium mines of China, the island nation of Haiti to the Golden Triangle of Southeast Asia, these four new explore how geopolitics shape history and conflict throughout the world. Continue reading at Publishers Weekly

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4 Provocative New Surveys of Love and Sex

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Bombardier unveils new private jet assembly plant at Pearson airport

The Canadian aerospace firm Bombardier is in the midst of moving its aircraft assembly plant from Downsview Park to Pearson Airport, and CBC Toronto got a sneak peak of the new facility.  Continue reading at CBC

[ CBC | 2024-01-23 10:00:49 UTC ]
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Inaugural Eleanor Roosevelt Banned Book Awards Set for Next Month

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[ Publishers Weekly | 2024-01-18 05:00:00 UTC ]
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Tattered Cover Submits Bankruptcy Plans, Owes Nearly $4 Million to Creditors

On Tuesday, the ownership group that controls Denver's Tattered Cover bookstores filed the first part of its bankruptcy reorganization plans, citing some $3.1 million owed to unsecured creditors, including half a million dollars to its former CEO. A further $820,000 is owed to secured lenders. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-18 05:00:00 UTC ]
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The $2,000 ASUS ZenScreen Fold solves the biggest issue with portable monitors

When I’m away from home and don’t have access to my big desktop displays, it feels like I’m missing a limb. Unfortunately, there’s a limit to how big a portable monitor can really be. After a certain point, it’s not going to fit in a reasonably sized bag. ASUS’s ZenScreen Fold solves that... Continue reading at Engadget

[ Engadget | 2024-01-10 20:40:09 UTC ]
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A History of Ad Tech Chapter 4: The Privacy Reckoning

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[ Digiday | 2023-12-22 05:01:00 UTC ]
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Digiday’s Oral History of Ad Tech podcast, episode 4, the privacy reckoning with Ana Milicevic

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[ Digiday | 2023-12-22 05:01:00 UTC ]
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A Shipment of 25,000 Books to Ukraine: Book Aid International

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[ Publishing Perspectives | 2023-12-15 21:37:46 UTC ]
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Pearson’s biggest shareholder says it should leave London and relist in US

Cevian Capital founder argues most of education publisher’s business is there and move would raise its valueBusiness live – latest updatesPearson’s biggest shareholder has said it should be relisted in the US, arguing that leaving London would be better for shareholders as most of the education... Continue reading at The Guardian

[ The Guardian | 2023-12-15 12:22:42 UTC ]
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[ Publishers Weekly | 2023-12-12 05:00:00 UTC ]
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Italy: ‘Più libri più liberi’ Book Fair: A Record 115,000+ Attendees

As many as 17,000 students were among the largest turnout on record for Italy's book fair showcasing independent publishers. The post Italy: ‘Più libri più liberi’ Book Fair: A Record 115,000+ Attendees appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-11 18:20:42 UTC ]
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