The Independent - London, January 7th, 1996
PETER MAYER, chairman and chief executive of the worldwide Penguin publishing group, is no stranger to confrontation. In his 20s he worked part-time as a New York cab driver. So a small demo by his bookish employees is unlikely to faze him.
Even so, industrial action in the book trade is virtually unheard of. What can he have done to prompt his employees to wave placards outside their London offices in well-heeled Kensington last month?
The answer is simple. He sacked more than 100 of them. Penguin UK, hit by sharply falling revenues, has had to pull in its horns. There have been some high-p...
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