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...
Does it Pay to Be Mean in Business?

Does it Pay to Be Mean in Business?

Company CEOs, business leaders, and bosses have long been stereotyped as some of the most cutthroat people out there. Is this a fair way to classify successful individuals? Prominent businesspeople like Daniel Loeb, Paul Singer, Harvey Weinstein, Rupert Murdoch and...
Rupert Murdoch Split News Corp to Increase Value

Rupert Murdoch Split News Corp to Increase Value

In 2012, Australian-born media mogul Rupert Murdoch made an announcement that set of major changes for his news conglomerate, News Corporation: the company would be splitting into two separate companies. One company would focus on media and entertainment, while the...