Hachette Brings Down The Ax On Business Imprint

Hachette Book Group has shut down its Business Plus imprint as part of a round of layoffs and restructuring that has also claimed several longtime top editors. The cuts come as the publisher remains locked in what seems destined to be a lengthy battle with Amazon over e-book pricing.

Founded in 2000, Business Plus will be folded into Grand Central Publishing, Hachette's largest imprint, the company announced Thursday. Business Plus's publisher and editor-in-chief, Rick Wolff, who was also its founder, was among the reported 28 employees recently let go.