Hachette Book Group, the publishing company involved in an ongoing dispute with online marketplace Amazon, said Friday it would be cutting about 3% of its U.S. staff, according to Publishers Weekly.
The move is reportedly a part of a “cost-saving initiation” essential to the company’s future growth. Hachette, however, says the layoffs were planned well before its ongoing fight with Amazon broke out into the open. Amazon has been blocking customers from pre-ordering Hachette books and taking them off prominently featured pages in a dispute over the publisher’s contract with the online marketplace.
(WATCH: Stephen Colbert Ripped Amazon Apart Over Its Hachette Dispute)
Hachette’s sales reportedly fell 6.2% during the first quarter of this year. A total of 28 positions will be cut.
- Want to Do More Good? This Movement Might Have the Answer
- What to Know About the Monkeypox Drug TPOXX—And Why It's So Hard to Get
- The Year's Final Supermoon Reminds Us Why We Love the Night Sky
- A Hotter World Means More Disease Outbreaks in Our Future
- How The Sandman Author Neil Gaiman Drew Inspiration From His Nightmares
- Candace Parker Is a Force in Basketball and Beyond
- Dropbox Tossed Out the Workplace Rulebook. Here’s How That’s Working
