Pearson to cut 4,000 jobs, cap dividend due to weak earnings
By Kate Holton and Paul Sandle LONDON (Reuters) - Troubled British education publisher Pearson plans to cut 10 percent of its workforce, cap its dividend and restructure yet again after cutting earnings forecasts for 2015 and 2016. Pearson, which has announced a string of earnings downgrades in recent years due to a slowdown in its U.S. markets and unpredictable emerging market demand, said it was rebuilding the group to cut costs and focus on fewer, bigger opportunities. Pearson, which sold the
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