Bloodletting at Penguin Random House U.S. bodes ill for future stability as veteran staff depart en masse
"We long sought to avoid these actions, but unfortunately could not do so."
In ominous signs for Big Five publishers, PRH CEO departs and HarperCollins moves to lay off 5% of its North American workforce
HarperCollins is also facing an ongoing strike by some 250 unionized employees.
“No special treatment”: Madeline McIntosh, PRH U.S. CEO, claims in court that books are treated equally in-house, notwithstanding the stature of the author or the amount paid for them
"Once a book with a big advance is in-house ... it gets no special treatment," McIntosh said on the stand.