Panzer was tootling around in the Catosphere when he heard crying and shouting coming from outside the Panzermobile. Following all the hullabaloo took our brave kitty boy to the
Publishers Weekly site. With a little digging in the posts, he discovered one about publisher Macmillan's cost cutting efforts that was causing all the noise.
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| It may never be safe to leave here. |
John Maher's post says publisher Macmillan has announced the company has laid off some staff members, closed the Thomas Dunn imprint and Tom Dunn has left the company. In addition, salaries for employees making more than $60,000 per year are being cut on an increasing scale ranging from 20 percent to 50 percent depending on the employee's salary amount. These cost cutting measures are in response to Covid-19's impact on closing book stores and the lack of book orders and book sales from those stores.
Panzer says, "That Covid-19 thingy is really impacting the book publishing industry."
Note: This is a medium length post. Bring a cup of tea and a muffin for today's reading selection.
To read the post tootle over to
Macmillan
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