Publisher Slashes another 550 Positions

McGraw-Hill logoPublisher McGraw-Hill has announced that it has eliminated 550 positions company-wide.  Late last year, the company eliminated 375 positions company-wide and during the third quarter last year, it said it slashed 270 jobs company-wide.

While the majority of the cuts this time came from its education unit, 125 were from the company’s media and information division, which publishes BUSINESSWEEK and AVIATION WEEK magazines.  McGraw-Hill attributed the media division cuts to “the shifting of resources to continue strengthening the company’s digital offerings.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: