UK publisher Haynes is restructuring in the face of declining results and a changing market. The company will move from its current headquarters in Somerset to “more suitably sized premises” and is exiting the distribution market. CEO Eric Oakley said, “The book distribution market has changed significantly. The investment that would be needed to upgrade the UK facility for the requirements of a modern day logistics operation would far outweigh the future benefit to the business.” What the company calls a “relatively small number of roles” will be eliminated as part of the moe. The company reported annual sales of […]
