SAGE Publishing set to close its book publishing division in India
SAGE Publishing, a global publishing house specializing in scholarly books, journals, reference and library products and services is closing its doors book India Publishing Division.
In an email to its Indian employees on Thursday, Blaise R Simqu, Managing Director, wrote: “We have recently made a very difficult but well thought out decision regarding the SAGE India Book Scheme. For many years, our attempts to make domestic book publishing at SAGE India commercially viable have faced significant challenges and the pandemic has only made it more problematic. What we have reluctantly and sadly concluded is that despite these many efforts, the combination of low prices and the lack of an established adoption market as well as other external factors (including the current COVID) have proven an impossible hurdle for us to overcome despite our best efforts over the past few years…While we remain committed to our mission to support the spread of usable knowledge and educate a global community, we have decided to give in the SAGE India book program.
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The letter, signed by Simqu and Sonia Kumar, Executive Director of SAGE India and Chief Financial Officer, further noted, “We want to emphasize that this decision is very book specific, it does not affect our thriving publishing of domestic and imported journals. , nor the marketing and sale in India of imported sage books which continues to be an important part of the international book program…”
The dismissal process has begun, with nearly 70 employees already informed of their dismissal. “SAGE has always been a great company to work for. But the dismissal process was brutal and humiliating. People were not given a chance to speak, were forced to sign NDAs and were asked to hand in their resignation letters with immediate effect,” said a company insider, speaking on condition of anonymity. . Others expressed concern that the move would reduce the space for original scholarly publications from South Asia.
SAGE was founded in New York in 1965 and is currently headquartered in California. Its Indian branch was established by founder and president Sara Miller McCune in 1981 with George McCune and Tejeshwar Singh. The publishing house specializes in books on the social sciences, medicine, technology, science and the humanities.