Monthly Archives: December 2011

Stay Informed!-Big Changes at McGraw Hill

A Dec, 8, 2011 article from Publisher’s Weekly chronicles job cuts and many changes at McGraw-Hill in the wake of changes in our economy and advances in information sharing,

As it moves forward in spinning off McGraw-Hill Education into a separate company, the McGraw-Hill Cos. announced late Wednesday plans to cut 10% of MHE’s workforce—about 550 positions—and reduce its executive ranks by 20%. The downsizing is expected to be largely completed by the end of the year. MHC said the job cuts are part of its strategy to make MHE “a flatter and more agile organization.” As part of the restructuring, MHE will move towards a “digital first” publishing model and move more of its business towards a subscription-based model.

See the rest of the article at the link below: