Publisher Hachette Announces Layoffs Amid Amazon Dispute

Publisher Hachette, which is embroiled in a dispute with Amazon, announced Thursday that it was laying off about 28 staffers

A Hachette rep offered the following statement on the issue:

Today, we had to make some difficult changes at HBG [Hachette Book Group] as part of a cost-savings initiative that will improve our company's resilience to a changing marketplace and position HBG for future growth. Unfortunately, these changes mean that some of our colleagues will be leaving the company. These efforts will improve efficiency and balance throughout HBG. This is essential to our company's continued growth, and our ability to carry out our primary goal: to publish our authors' work with passion, originality, and impact. Read more...