Pearson Education

Pearson Chief Brands Critics 'Naive and Ignorant' as Company Cuts 4,000 Jobs
January 22, 2016 at 2:45 pm

The chief executive of beleaguered education giant Pearson branded the company’s doubters “ignorant” and “naïve” as he announced 4,000 job cuts in its second major round of restructuring in three years. Pearson said it would make one in 10 staff redundant in an effort to boost profitability that has been hit by a prolonged downturn…

Pearson, Ex-Owner of Financial Times, To Shed 4,000 Jobs
January 21, 2016 at 12:19 pm

Pearson, the troubled British publisher, said on Thursday that it would eliminate 4,000 jobs worldwide as part of a continuing restructuring by the former owner of The Financial Times and The Economist to shift its focus primarily to its international education business. The move comes as Pearson, which makes the bulk of its sales from…

Facing Risks on All Fronts, Pearson Boss Battles to Raise Grades
November 19, 2015 at 2:47 pm

Pearson boss John Fallon faces a daunting task to arrest the decline of the world's biggest education publisher as it battles growing political and economic strife. Fallon has endured a rough ride since he took over in 2013, with a string of profit warnings marking his tenure, in an abrupt end to the steady growth…

What is a Publisher Now? Hélène Dennery, Managing Director for Pearson in Western Europe
November 18, 2015 at 2:45 pm

In this latest "What Is A Publisher Now?" interview we’re joined by Hélène Dennery, Pearson’s Managing Director for Western Europe and one of the continent’s most senior education publishers. Hélène’s interview follows her appearance on Publishing Technology’s "What Is A Publisher Now?" panel event at Frankfurt Book Fair, where we brought together a group of…

Pearson Investors Unclear of Company Vision as Shares Tumble
November 16, 2015 at 9:58 am

Pearson investors have “little visibility” on what the company may do in the next few months, one analyst has warned, while another has said further restructuring at the academic publisher was “almost inevitable.” The analysts were speaking after the share price at the company tumbled last week, down 5.6% at 773.00p on 12th November. One…

Press Release: Elissa Tomasetti Named Senior Vice President, Marketing for Scholastic Education
October 16, 2015 at 2:12 pm

NEW YORK—October 15, 2015—Scholastic (NASDAQ: SCHL), the global children’s publishing, education and media company, today announced the appointment of Elissa Tomasetti as Senior Vice President, Marketing for Scholastic Education. Based in New York and reporting to Greg Worrell, President of Scholastic Education, Elissa will be the key driver of strategic marketing for Scholastic Education’s customized,…

Thinking About Internet Scale
July 21, 2015

Those of us who labor in scholarly publishing can be forgiven for thinking that the world is a tiny place. The academic journal, the keystone of our industry, cumulatively brings in about $10 billion a year, not enough to get the CEOs of Uber or Pinterest out of bed in the morning; and the book, the much-despised book, is in retreat everywhere. While librarians continue to insist that there are huge publishers out there, corporations so big that they have a stranglehold on the academic community, if not the world overall, the actual figures

Pearson Loses Texas Contract for Standardized Exams
May 19, 2015

Pearson, the only company to have handled Texas' public school standardized tests, probably won't be running the next four years of STAAR. The Texas Education Agency decided to offer most of a new testing contract to rival ETS.

Whether students, teachers or school officials will notice the change is a question state officials declined to answer Monday.

If the contract is signed, Education Testing Service will coordinate the testing program and develop, administer, score and report results of the State of Texas Assessments of Academic Readiness

Pearson Says Restructuring Costs Set to Fall as Sales Sputter
April 24, 2015

Pearson Plc said restructuring costs are set to decline in 2015 after two years of job cuts and reorganization, helping the publisher of the Financial Times boost earnings even as sales are stalling.

First-quarter revenue was little changed excluding currency swings, Pearson said Friday. The London-based company reiterated its earnings per share may rise as much as 20 percent this year and said Chairman Glen Moreno was stepping down after nine years in the role.

Publishing Is Changing, But Not in the Way You Think
April 3, 2015

What is our core value proposition? It's a business jargon-y type of question that the editor in me shudders to hear, but it stuck in my mind -- in a good way -- when I heard it asked this week at our Book Business Live event on March 31st. Clancy Marshall, VP of core systems at Pearson posed the question during the day's first panel which discussed transforming publishing companies in order to thrive in the digital era.