Pearson to cut 4,000 jobs, hold the dividend due to weak earnings‍

Troubled British education publisher Pearson plans to cut 10 percent of its workforce, cap the dividend and restructure yet again after predicting weak earnings 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. The group now expects its adjusted earnings per share for 2015 to come in b