The staff of Farrar, Straus & Giroux were informed today that the layoffs many in the company have been expecting since last month are actually happening. Among those known at this time to be affected by the cuts is associate publisher Linda Rosenberg, who according to a source intimately familiar with the publishing house is "a jack of all trades" who "kind of keeps the company together." Others who are being laid off include head of production Tom Consiglio and the editor Denise Oswald, who primarily acquired books on music and pop culture for FSG’s Faber & Faber imprint, which earlier this year was relaunched with the installation of a new publisher.
Unconfirmed rumors in the building say that as many as 15 people could be let go before the end of the day. FSG director of publicity Jeff Seroy declined to comment, saying that a statement from publisher Jonathan Galassi is coming later today.
FSG staff have been bracing themselves for cuts since John Sargent, the CEO of the house’s parent company Macmillan, said last month that he could not rule out layoffs. FSG editors have reportedly been asked to cut back on how much they’re spending on acquisitions.
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