Belated Thanks

Dec 03, 2008 12:39

As news of nearly every major publishing house axing its top tier and planning mass layoffs (and in one case, halting acquisitions) trickles into my inbox via PW Daily, I'm really, REALLY thankful for the company I work for and the job stability I can count on in these crazy, crazy times ( Read more... )

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Comments 18

penmage December 3 2008, 18:41:41 UTC
Today is insane. It feels like the industry is imploding. Between us and RH, and HMH--halting acquisitions is INSANE--I don't know what to think anymore.

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beingblueagain December 3 2008, 19:29:45 UTC
I know. Regardless of the circumstances, I can't begin to understand halting acquisitions--can they really just float on their backlist?! But oddly, Borders is staying afloat, which seems like a good omen.

The "restructuring" emails keep coming in...I feel okay about my job right now, but without a new SM title next year and with so many companies folding, I don't know how long my confidence will last.

Just got the email about S&S. Has the children's group been hit hard? Are you okay?

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beingblueagain December 3 2008, 19:30:18 UTC
Also, just had lunch with an agent who was, to say the least, stricken.

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penmage December 3 2008, 19:34:41 UTC
The only notable hits to the children's group are our president and our publisher. Aside from that, all the cuts are upstairs in the adult groups. We've been assured that (for now, anyway) we're all safe. But we're theoretically getting a new president by year end, and who knows what will happen then?

Is LB worried about a year without a Twilight book? These blockbuster titles are both a blessing and a curse sometimes.

It's a crazy day.

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unehepginagal December 3 2008, 19:33:17 UTC
PW is like the harbinger of doom in my outlook these days. How depressing.

Did you hear that RH is merging all imprints? I'm CONFUSED.

I think everyone needs to be kissing SM's ring right now. I know I am. Her shitty vampire tomes definitely help keep us in our jobs.

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unehepginagal December 3 2008, 19:38:45 UTC
ugh just got another one.
S&S cuts 35 jobs.
hold on to your girdles, girls.

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beingblueagain December 3 2008, 19:41:38 UTC
Yeah, penmage is at S&S.

The world is ending.

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penmage December 3 2008, 19:52:05 UTC
It feels like it.

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