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View Full Version : Yahoo News - Layoffs at Random House, Simon & Schuster



childeroland
12-04-2008, 06:38 AM
http://news.yahoo.com/s/ap/20081203/ap_en_ot/books_random_house_6

NEW YORK The economy has crashed down on an industry once believed immune from the worst book publishing with consolidation at Random House Inc., and layoffs at Simon & Schuster and Thomas Nelson Publishers.
"Yes, Virginia, book publishing is NOT recession proof," said Patricia Schroeder, president and chief executive officer of the Association of American Publishers. "It's sad day."