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Article: Random House CEO Markus Dohle to Staff: "Our Future Has Begun" as "Evolutionary" 2008 Ends.(Company overview)
- Article from:
- The New York Observer (New York, NY)
- Article date:
- December 18, 2008
CopyrightCOPYRIGHT 2008 The New York Observer. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Random House CEO Markus Dohle sent a long year-end letter to staff this morning outlining goals for 2009 and reaffirming that, despite "economic forecasts for 2009 [that are] growing more pessimistic each day," the company "will continue to spend several hundred million dollars to acquire and market" its books and maintain the "publishing independence and autonomy" of its 130 imprints worldwide.
As news of staff cuts at Random House's American units starts to trickle in, Mr. Dohle asks in his letter that everyone find ways to cut costs. He notes that while "For some, it is a tough message to be asked to consider reducing your spending as part of your daily ...