V&A to close dedicated bookshop and cut 10% of staff as Covid-19 hits finances

The Victoria & Albert Museum is closing its dedicated bookshop and making 103 roles redundant across its retail and visitor experience teams as the Covid-19 crisis hits its finances. Continue reading at 'The Bookseller'

[ The Bookseller | 2020-10-05 09:58:53 UTC ]
News tagged with: #bookshop

Other Publishing stories related to: 'V&A to close dedicated bookshop and cut 10% of staff as Covid-19 hits finances'

Bertelsmann reports first quarter decline of 2.7% as Covid-19 hits business

Penguin Random House owner Bertelsmann has reported a first quarter revenue decline of 2.7% in what it said was a “satisfactory” performance given the challenge of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-29 16:46:13 UTC ]
More news stories like this | News stories tagged with: #bertelsmann reports #quarter decline #bertelsmann #penguin random house

Bloomsbury to issue shares and cut costs, anticipating sales hit

Bloomsbury is issuing new shares and implementing a raft of cash-saving measures to counter the impact of recent retail closures on its business, which in a "prudent downside scenario" the company estimated could see print revenues fall as much as 75%.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-17 01:14:48 UTC ]
More news stories like this | News stories tagged with: #cut costs #bloomsbury

4 Shout-Outs to Publishers Doing Their Part During the COVID-19 Outbreak | April 10

Here we are in week three of our new (hopefully short-lived) weekly roundup of praise for publishers doing their part to give back to their communities and readerships during the COVID-19 pandemic. It’s heartening to see publishers act selflessly, despite the challenges their own businesses and... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-10 13:51:46 UTC ]
More news stories like this | News stories tagged with: #working directly #marketing manager #dc comics #donated $250 #economic crisis #comic book #book industry

Bustle Digital Group Lays Off Staff of The Outline as Part of Broader Cuts

Bustle Digital Group, owner of a portfolio of digital media properties including Bustle itself, says it laid off two dozen Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-04-03 21:34:37 UTC ]
More news stories like this | News stories tagged with: #digital media

Pan Mac announces pay reductions and distribution staff furloughed as sales drop over Covid-19

Higher paid staff at Pan Macmillan have been asked to volunteer for a pay reduction and employees at its distribution arm will be furloughed as the publisher unveiled measures to help “safeguard” its business during the Covid-19 pandemic. Continue reading at The Bookseller

[ The Bookseller | 2020-04-03 10:15:37 UTC ]
More news stories like this | News stories tagged with: #covid-19 pandemic #sales drop #distribution arm #pan macmillan

Macmillan Lays Off Some Staff, Temporarily Cuts Some Salaries

Macmillan Publishers has laid off an undisclosed number of employees across all divisions, temporarily reduced pay for select employees, and implemented a hiring freeze, effective today. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
More news stories like this | News stories tagged with: #macmillan publishers #hiring freeze #effective today #macmillan

Bookspeed closes to protect workers and stop spread of Covid-19

Edinburgh-based wholsesaler Bookspeed has closed its business during the coronavirus pandemic, saying it is unable to protect its warehouse workers with social distancing measures. Continue reading at The Bookseller

[ The Bookseller | 2020-03-24 05:06:40 UTC ]
More news stories like this | News stories tagged with: #protect workers #coronavirus pandemic

Pearson warns Covid-19 will hit profits and pauses share buyback

Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-22 23:25:19 UTC ]
More news stories like this | News stories tagged with: #pearson

Barnes & Noble warns of potential cuts if stores close due to coronavirus

Barnes & Noble boss James Daunt has sent a letter to staff warning of potential lay offs if stores are closed due to the coronavirus. Continue reading at The Bookseller

[ The Bookseller | 2020-03-20 01:04:03 UTC ]
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Covid-19 forces widespread bookshop closures as major publishers go remote

The impact of the coronavirus has seen the Booksellers Association issue a rallying cry to the trade, as many publishers enforce home working to safeguard staff. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 23:39:55 UTC ]
More news stories like this | News stories tagged with: #major publishers #rallying cry #booksellers association #bookshop

Independent bookshops start to close as coronavirus advice comes in

Independent bookshops across the country are closing their doors to protect staff and customers from the coronavirus outbreak. Many indie shops are encouranging customers to support their businesses and place orders online. Delivery services have also been ramped up across the board, with some... Continue reading at The Bookseller

[ The Bookseller | 2020-03-16 22:52:52 UTC ]
More news stories like this | News stories tagged with: #independent bookshops #coronavirus outbreak

Flooding forces Shrewsbury children’s bookshop to close

Button & Bear children’s bookshop in Shrewsbury, Shropshire, has been forced to close today (Wednesday 25th February) owing to rising floodwaters. Continue reading at The Bookseller

[ The Bookseller | 2020-02-25 14:31:43 UTC ]
More news stories like this | News stories tagged with: #bookshop

Book-ish closes for day after Storm Dennis hits

Crickhowell store Book-ish in south Wales was forced to close on Monday after flooding in the town from storm Dennis meant bookselling staff could not get to the shop. Continue reading at The Bookseller

[ The Bookseller | 2020-02-18 10:27:11 UTC ]
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10 Rejected Book Covers That Almost Made the Cut

We’re back with our rejected book cover series, where designers walk us through the process and show us the book covers that could have been. (For previous entries in this series, see here and here.) What kind of planning and thought goes into the cover design process, and what beautiful art... Continue reading at Electric Literature

[ Electric Literature | 2019-08-30 11:00:07 UTC ]
More news stories like this | News stories tagged with: #book covers #electric literature #book cover

Vice cuts 10 percent of its workers following tough year

Vice Media is laying off 10 percent of its staff, marking the latest example of digital publishing's struggle to compete with Facebook and Google for advertisers' money.On Friday, Vice confirmed that it would cut around 250 of its 2,500-person work force, a move that was first reported by The... Continue reading at Advertising Age

[ Advertising Age | 2019-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tough year #digital publishing #hollywood reporter #market forces #ad sales #media companies

BuzzFeed loses 11 staff in Australia amid global job cuts

Reporter says every member of the news team received a letter about redundancies on Tuesday morningThe Australian arm of BuzzFeed will have to cut 11 staff as a global downsizing strategy targets 200 of the digital publisher’s international workforce.BuzzFeedOz news reporter Alice Workman said... Continue reading at The Guardian

[ The Guardian | 2019-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital publisher #tuesday morning #latest round

BuzzFeed to lay off 200 staff in latest round of cuts

Online publisher announces job losses to shore up finances as Verizon unveils plan to sack 800 workersBuzzFeed has announced plans to lay off hundreds of staff, as digital media firms struggle to turn a profit while dealing with the same financial issues that have plagued traditional publishers... Continue reading at The Guardian

[ The Guardian | 2019-01-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest round #announced plans #financial issues #jonah peretti

Big Green Bookshop to close physical shop and move online

The Big Green Bookshop is closing down its physical premises as owner Simon Key moves the business to online only, with "absolute monster" rates and rents forcing him to shut the bricks and mortar shop. Continue reading at The Bookseller

[ The Bookseller | 2019-01-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #move online

Gilets jaunes protests hit French bookshops as sales fall

Bookshops were just one sector of the French economy to suffer from the gilets jaunes (yellow vests) protests across France on five consecutive Saturdays between 17th November and 15th December.  Continue reading at The Bookseller

[ The Bookseller | 2018-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales fall #17th november #15th december

Sheryl Sandberg asked Facebook staff to investigate George Soros' finances

Sheryl Sandberg, the chief operating officer of Facebook Inc., told employees to investigate the financial interests of billionaire George Soros in response to his January criticism of the social media giant. Sandberg wanted to know if Soros had a financial incentive to criticize Facebook, the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-12-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #criticize facebook #sheryl sandberg #told employees