On Thursday afternoon, Macmillan Publishers announced that it would “implement a temporary reduction in pay for employees, as part of a larger Holtzbrinck cost-saving initiative.” They company is also “implementing a job reduction action and hiring freeze.” A spokesperson tells us, “We are doing layoffs across the organization,” but declined to specify any numbers. Among those layoffs, within St. Martin’s, is Thomas Dunne, “a legendary figure in book publishing” who has worked for the company since 1971, and began his imprint in 1986. St. Martin’s publisher Jennifer Enderlin noted that there will be “no more Thomas Dunne Books titles to […]
