Lulu lays off 9 employees in Raleigh

November 13, 2012 

Lulu, the online publishing company, announced Tuesday that it laid off nine employees at its Raleigh headquarters last week.

The moves were part of an ongoing company restructuring, chief operating officer Tom Bright said in a statement. Bright said the company expects to eliminate, or change the focus of, more positions as certain projects wind down through the first quarter of next year.

“Based on extensive customer research, Lulu – a 10-year pioneer in open publishing – is refining its strategy and platform focus,” Bright said.

Lulu employs about 120 people worldwide, with most of its staff in Raleigh. Bright said the company expects to end 2013 with about the same number of people.

“We will create new roles for which existing team members can apply as well as make new hires in exciting growth areas,” he said.

Lulu was founded in 2002 by Bob Young, who was formerly the CEO of Raleigh software company Red Hat. Young remains Lulu’s CEO.

The company is best known for helping authors self-publish books, but people also can self-produce calendars, CDs and DVDs. It collects fees for the books it sells and also provides services to authors. It also sells e-books.

Lulu filed plans for an initial public offering of stock in Canada in 2010, but it later postponed those plans because of weak demand from investors.

Staff writer David Bracken

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