This week (or last) PW announced no less than a ton of layoffs and firings at Penguin/Random House. Some of these top senior editors have worked with the rich and famous on their various books. Most were offered a severance package. But on the day the article appeared, Random House was running an ad for an assistant editor on LinkedIn. Oh my.
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Guess they got tired of putting out all that money for advances on books that didn't sell even 14 copies!