Word is now circulating that Thomas Nelson has laid off 54 of its employees and that President Rick Richter is now out at Simon & Schuster Children’s Publishing. Galleycat is also reporting layoffs at Houghton Mifflin Harcourt. And it’s not even noon. This does not augur well at all.
[…] Acquire A Book Publishing Company’ dated 12/3/08 The sky isn’t falling but it sure is scary right now! Three Things I’d Like to See #2: PUBLISHERS LEAVING NEW YORK at Holt Uncensored (via.) What […]