McGraw-Hill Education Bears 215 More Job Cuts

January 2009
Educational Marketer;1/19/2009, Vol. 40 Issue 2, p1
Trade Publication
The article focuses on the reduction of jobs in Education division of the McGraw-Hill Cos. in New York in December 2008 due to its pre-tax restructuring charge. According to the company's chairman Harold McGraw III, the company is focused on managing costs and preserving liquidity during its financial difficulties. It mentions that the company's restructuring has resulted in the loss of 1,045 positions particularly in the education division with 455 jobs.


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