HarperCollins Cutting Jobs

HarperCollins Cutting Jobs

HarperCollins Publishers announced they’ll be cutting approximately 5% of their workforce, a day before negotiations open with their striking union. The statement released Tuesday by the publishing giant cites low sales and rising costs in the industry, just as...
Publishing Merger the Subject of Antitrust Suit

Publishing Merger the Subject of Antitrust Suit

A publishing merger is possibly about to violate American antitrust laws, according to the U.S. Justice Department Penguin Random House, the largest American publishing company and largest publishing company in the world, is in talks to buy Simon and Schuster, the...