McGraw-Hill Education Restructures, Eliminates 340 Jobs
The McGraw-Hill Companies announced that it will reorganize its McGraw-Hill Education (MHE) division into four specialized "Learning Solutions Centers." The reorganization, which combines MHE's core basal publishing operations with its supplemental publishing operations, has resulted in the elimination of 340 jobs. Additionally, MHE's parent company has eliminated 125 positions in its information and media division and 85 in its financial services division, for a total of 550 jobs lost.
MHE's new Learning Solutions Centers—Intervention and Special Needs; College and Career Readiness; Literacy and Humanities; and Science, Technology, Engineering and Math—will focus on technology as a key component, according to the company. A newly created Center for Digital Innovation within MHE is developing new digital solutions that "will make learning more engaging for children and provide educators and parents with an effective, technology-based teaching environment. Using these programs, teachers will be able to instantly assess student proficiency levels and customize instruction accordingly," said the company.
"Technology is deeply integrated into the lives of the millennium generation and is increasingly a part of their learning and classroom experience," says William Oldsey, executive vice-president, MHE. "Our programs, focused on how students use technology, will continue to bridge the gap between digital socialization and digital learning."