TITLE

McGraw-Hill Education Bears 215 More Job Cuts

PUB. DATE
January 2009
SOURCE
Educational Marketer;1/19/2009, Vol. 40 Issue 2, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
58737528

 

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