HarperCollins Restructures and Dismisses 2 Top Executives - NYTimes.com

HarperCollins Restructures and Dismisses 2 Top Executives - NYTimes.com: "The ax continued to fall in the New York publishing world on Tuesday, as HarperCollins Publishers announced a restructuring and layoffs that claimed the jobs of two of its top executives.

The industry had been expecting some news from HarperCollins, a division of Rupert Murdoch’s News Corporation, as it was one of the few major publishing houses not to have announced layoffs during the current punishing retail downturn. Random House, Simon & Schuster, Houghton Mifflin Harcourt and Macmillan, which operates divisions including Farrar, Straus & Giroux and St. Martin’s Press, have all announced job losses in recent months."