Layoffs at Random House, Simon & Schuster - Yahoo! News

Layoffs at Random House, Simon & Schuster - Yahoo! News: "The economy has crashed down on an industry once believed immune from the worst — book publishing — with consolidation at Random House Inc., and layoffs at Simon & Schuster and Thomas Nelson Publishers.
'Yes, Virginia, book publishing is NOT recession proof,' said Patricia Schroeder, president and chief executive officer of the Association of American Publishers. 'It's sad day.'"