Big Cuts at McGraw-Hill Yesterday McGraw-Hill announced restructuring in “a limited number of business operations” that includes the elimination of over 600 jobs. McGraw-Hill Education is one of the hardest-hit units, with a $16.3 million pre-tax restructuring charge. About half of the job cuts will come from this division. The Higher Education, Professional and International Group “has taken steps to consolidate certain sales, editorial, marketing and administrative functions, primarily in our international locations, to better address new and existing revenue streams for textbooks, facilitate its strategic shift toward increased investments in digital and custom products, and enable greater efficiencies. The […]
