Axe Falls at Macmillan

Publishers Weekly just sent out an e-mail reporting that Macmillan has laid off 64 people from Scientific American, Palgrave, and "trade imprints." At the same time, all of their imprints for young readers are being unified as Macmillan Children's Publishing Group.

PW's sources say that 10 of the jobs lost were at SA, and "positions were eliminated at all imprints."

Good luck to the folks at Tor/Forge and First Second, and everyone else who works for what we used to call "the good Germans."

Update: According to The New York Observer, Farrar, Straus, & Giroux -- the most literary piece of Macmillan -- is the hardest hit.