• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register

Publishers Lunch

The Publishing Industry's Daily Essential Read

  • Publishers Marketplace
  • Site Guide
  • Help

Corporate: Early Retirement At HMH, and Judge Throws Out Parneros’s Defamation Claim Against BN

September 8, 2020
By Sara Grace

Houghton Mifflin Harcourt announced that 166 employees — five percent of the company’s workforce — opted to participate in a voluntary early retirement incentive program, which had first been announced August 6 in the company’s quarterly report. The program was offered to all US-based employees who are at least 55 years old and have at least five years of service, comprising about 18 percent of the workforce. For the majority of employees who elected to leave, the decision was effective September 4, though a few are leaving later in the year. According to the SEC filing, the total one-time cash […]

Login to read full story

Filed Under: Crisis reference, Finance, Legal

sidebar

Primary Free Sidebar

Login


Forgot password
Quick Pass users click here to log in
Get Full Access
The publishing industry's essential daily read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • Noah Baumbach Said to Sell Memoir to Knopf June 5, 2023 Deadline
  • Rushdie: "I’m trying to write a book about the attack on me -- what happened and what it means, not just about the attack, but around it" June 2, 2023 Guardian
  • Hollywood Studios Are Using Force Majeure Clauses to Extend Book Options for Free During Writers' Strike May 30, 2023 WSJ
  • On the Staying Power of Zevin's Tomorrow, and Tomorrow, and Tomorrow" May 26, 2023 NYT
  • Another Postponement: Publishers and Internet Archive Still Negotiating Judgement, Will Try Again for June 9 May 26, 2023 PL court document
  • Martin Amis, 73, Dies of Esophogeal Cancer May 21, 2023 BBC
  • Britney Spears Concedes Delay On Her Book: "It may take me a year, maybe longer who knows ... to share my story" May 20, 2023 Instagram
  • Elon Musk by Walter Isaacson Announced for Publication September 12 May 18, 2023 Press release
  • Penguin Random House and PEN America Sue a Florida School District, Alleging Removal of Books about Race and LGBTQ+ Identify Violates First Amendment May 17, 2023 AP
  • Thomas Coesfeld to Become CEO of BMG On July 1, Ahead of Previous Schedule May 17, 2023 Press Release
© 2023 Publishers Lunch. All Rights Reserved.