John Wiley & Sons, Inc. (NYSE: JWa & JWb), today announced its proposal
to close the Edinburgh facility in June 2013 when the lease expires. As
a result, Wiley will relocate the operations currently performed at this
location to Oxford and Asia.
The proposal would expand the ongoing globalization of Wiley’s Content
Management operations, which already has a substantial presence in
Singapore. The reallocation is intended to deliver substantial financial
benefits while preserving operational success.
“Content Management has a substantial presence in Singapore, and has
been working with typesetters in the Asia Pacific region for many
years,” said Steve Miron, Senior Vice President, Wiley-Blackwell. “This
proposal would deliver substantial financial benefits enabling Wiley to
invest further in serving the evolving needs of our customers.”
Mr. Miron explained that the decision was not made without carefully
balancing the opportunities and consequences and weighing difficult
choices. “In the coming weeks, we will be consulting with colleagues who
may be affected and to ensure that they are supported and treated fairly
and with great care, in a manner that is consistent with our values in
these difficult circumstances.”
About Wiley-Blackwell
Wiley-Blackwell is the international scientific, technical, medical, and
scholarly publishing business of John Wiley & Sons, Inc. (NYSE: JW.a,
JW.b), with strengths in every major academic and professional field and
partnerships with many of the world’s leading societies. Wiley-Blackwell
publishes nearly 1,500 peer-reviewed journals and 1,500+ new books
annually in print and online, as well as databases, major reference
works and laboratory protocols. For more information, please visit www.wileyblackwell.com or
our new online platform, Wiley Online Library (wileyonlinelibrary.com),
one of the world’s most extensive multidisciplinary collections of
online resources, covering life, health, social and physical sciences,
and humanities.
