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Pearson, the education company and publisher, on Tuesday confirmed it laid off 68 employees in its higher education division on March 12. The company, which is in the middle of a transition from print to digital products, has in its past two annual earnings reports warned about stagnant or falling profits as it completes its restructuring process.
A person with knowledge of the layoffs, who spoke on condition of anonymity, said many of those laid off were editors, designers and publishers.
"The demand for learning tools that take advantage of data and analytics to improve outcomes is accelerating," a Pearson spokesman said in a statement. "In light of this, we are re-imagining how to take our trusted brands beyond print."
