As part of their previously announced plan to reduce costs by $25 million to $30 million, Scholastic ceo Dick Robinson has written to employees to explain a four-part workforce reduction “which we believe is balanced and respectful to employees, retains as many jobs as possible, and reflects the spirit of Scholastic while meeting our financial requirements in a difficult economy.” The measures include a voluntary resignation offer for employees over 50 who have been with the company at least 10 years and are “considering retirement or other career options”; a freeze on new hires (openings will be filled from within […]
