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.
Guess they got tired of putting out all that money for advances on books that didn't sell even 14 copies!