Houghton Tells Investors It’s Doing Better, Will Fire Another 8 Percent of Employees

As part of an investor day presentation on Thursday, Houghton Mifflin Harcourt announced that it “will make changes connected with the company’s ongoing strategic transformation to simplify its business model and accelerate growth.” With a “streamlining of operations company-wide for greater efficiency,” that corporate-speak translates into another big wave of layoffs: Over 8 percent of…