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

12-04-2008, 06:38 AM

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."