Cost-cutting move aims to save educational publisher around £300m a year with a 10% cut in global staff after biggest loss in history in 2016

Pearson is to cut 3,000 jobs as the embattled company looks to slash costs after a slump at its US higher education business.

The world’s largest education company, which has issued five profit warnings in the last four years, intends to cut about 10% of its 32,000 global workforce.

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