From a New York Times story by Elizabeth A. Harris headlined “Buyouts and Layoffs Mean Changing of the Guard at Penguin Random House”:

Several top editors at Penguin Random House, who worked with writers including Joan Didion, Alice Munro, Amor Towles, Elizabeth Gilbert and Joyce Carol Oates, are leaving the company as a series of buyouts and layoffs hit the biggest book publisher in the United States.

This shift marks a changing of the guard, especially at the storied imprint Knopf, as editors and other staff members with many decades of experience departed. It was also yet another shake-up at Penguin Random House, which lost both its global and its U.S. chief executives in just the past seven months.