Wednesday, December 3, 2008
Publishing Industry Meltdown
Over the last week or so, many of the major publishing houses have started firing lots of people. It's difficult to keep up with all the negative news, but Random House, Houghton Mifflin Harcourt, Thomas Nelson, and Simon & Schuster have all started layoffs, some of them quite massive. Some stories about the mess: Here (re: all of them), here (re: S&S), and here (re: HMH).
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1 comment:
This is so sad. I've been trying to do my part - I've bought more books in the last 3 months than I did in the 3 years before that.
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