Penguin Layoffs, Ahead of What Could be Difficult Monday

by Staff, PW Newsline -- Publishers Weekly, 2/28/2005

Ahead of what many expect will be a sobering call next week with Penguin's John Makinson and David Shanks, the company has laid off a number of back-office and sales positions, sources say. No exact number as yet, but the cuts reportedly come at Viking and Putnam in the U.S. as well as other divisions at Penguin U.K. At least one notable layoff stateside comes relatively high in the sales department. The company declined to comment.