LJNDawson.com, Consulting to the Book Publishing Industry
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McGraw-Hill Education cuts 215

Even educational publishing is feeling the pinch as school districts and colleges reduce orders. I can't tell from any of the reports where the layoffs are coming from (Higher Ed, K-12), and none of my colleagues (I'm consulting to MH right now) has been affected.

But MH is an interesting company. It owns Standard & Poors (which was not doing well last year and has just hired an ombudsman this year), some trade magazines (another sector that's not doing well at all), and a construction business (and we know that construction is tanking these days). The educational division is pretty much carrying the rest of the company right now.

So for there to be layoffs in that area, MH has to have been hit pretty hard by the declining economy. 

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