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November 15, 2011By Michael Cader

Houghton to Close Current Trade Warehouse, and Fire More Execs

November 15, 2011By Michael Cader

In another memo, reproduced at GalleyCat, Houghton Mifflin Harcourt ceo Linda Zecher tells staff that the company will close its Indianapolis West warehouse next spring, which services the trade and reference division. But those products won’t move far; they will be transferred to the company’s Indianapolis East warehouse. Zecher says it’s “part of the broader reduction in our workforce” that the FT said could comprise 10 percent of the company’s employees in all. On top the last week’s executive departures and division closings, Zecher writes that evp of Innovation and New Ventures Fiona O’Carroll is leaving and that team “is being […]

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Filed Under: Finance, Personnel

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