InsideMobileApps InsideSocialGames 10,000 Words FishbowlNY FishbowlDC LostRemote TVNewser TVSpy AgencySpy PRNewser MediaJobsDaily UnBeige

New Cuts at Penguin

pcuts.jpgFollowing 1) news of Pearson’s 6 percent drop in annual profits — blamed mostly on “the weakness of the US dollar and a difficult holiday season for its Penguin consumer book unit” — and 2) the surprise resignation of its chairman, Dennis Stevenson, we get 3) a mysterious round of firings last Friday at Penguin and its imprints, reported first by PW:

Ahead of what many expect will be a sobering call next week with Penguin’s John Makinson and David Shanks, the company has laid off a number of back-office and sales positions, sources say. No exact number as yet, but the cuts reportedly come at Viking and Putnam in the U.S. as well as other divisions at Penguin U.K. At least one notable layoff stateside comes relatively high in the sales department. The company declined to comment.

Know more than PW does? Write us with details.

Mediabistro Course

Women's Magazine Writing

Women's Magazine WritingPitch and publish in women's magazines with the health director of Family Circle! Starting September 30, Lynya Floyd will teach you how to wow editors with stories they want and need for their publications. You'll learn how to workshop pitch letters to endure editors will read them, master the voice and tone of women's magazines, find sources, and connect with other writers in the industry. Register now!