McGraw-Hill Cuts 149 Jobs In Education, Mostly at CTB

May 2008
Educational Marketer;5/26/2008, Vol. 39 Issue 11, p1
Trade Publication
The article on the layoff of publishing company McGraw-Hill Cos. to lower costs and focus improve its investments in the U.S. Harold McGraw III, president and chief executive officer (CEO) of the said company, has stated that the job cuts which occurred in financial services and education segments was unexpected. The company needs to consider staff reductions in the face of complex market conditions, the CEO has stressed out.


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