Thomas Nelson [1] has let go some 10% of its work force, about 60 people, and plans to publish just half of the number of titles it published last year--350 instead of 700--according to the Tennessean [2] .
The Tennessean added: "Publishers of Christian and general interest books are reducing their number of titles as sales are being more concentrated in fewer, best-selling books, industry observers said. There is also more competition for shelf space as some retailers reduce the number of books in stores to counter a spike in sales online and elsewhere.