The Vaud-based publishing house Editions Atlas closes in 2019
The publishing house Editions Atlas plans to cease operations by 2019. This will affect 150 employees in Cheseaux-sur-Lausanne, VD.
Business operations are to be phased out gradually, as the specialist in collectibles and collectible works announced on Thursday. The publisher attributes the closure to the negative results of recent years and a lack of prospects. The continued strength of the Swiss franc also contributed to the decision.
Editions Atlas laid off 30 employees last year. There are expected to be another 60 layoffs this year, as the publisher told the sda news agency. The employees were informed on Monday. Editions Atlas has a history spanning more than sixty years. The publisher ships directly to the homes of several hundred thousand customers in 16 European countries—without any intermediaries—via mail. Its products include coin collections and model vehicles, as well as children’s books. Editions Atlas is part of the Italian DeAgostini Group. (SDA)
