Pearson Cuts Thousands of Jobs to Save Money, Shifts to Digital Learning

Pearson announced it is cutting the jobs of 3,000 employees, to adjust to declining revenues.

“Chief Executive Officer John Fallon has promised to cut annual expenses by 300 million pounds ($394 million) by 2019, as he tries to create a leaner company more focused on digital education.”

Expect a renewed campaign by Pearson lobbyists to sell school leaders on the necessity of digital learning for instruction and assessment. This is also Jeb Bush’s pet passion. The research is thin to nonexistent but the profit motive is powerful.

from novemoore http://ift.tt/2vAa3UP

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