I've been restraining myself mightily from continuing to contribute to the employment-related wailing and gnashing of teeth, but this news yesterday really took my breath: Publishers Weekly editor Sara Nelson has been let go. The editor of Library Journal will be taking over both magazines. (See the low-key announcement here).
Edward Nowatka, blogging for the Frankfurt Book Fair at Beyond Hall 8, had this interesting tangent on the news, reflecting on how publishing is not a hospitable place for the middle aged. It has an appetite for the young, who can deal with working for pennies. When they start to want more from life (such as a home and family), they tend to move on. Of course, I have to assume that this is more relevant to those in New York. In the Midwest, a finanically judicious middle-ager can eventually buy his or her McMansion and a 1/2 acre of sod and do just fine.
So, folks, what's next? Reading all the comments and articles about how Sara didn't see the layoff train barrelling down upon her makes me even more circumspect.