Major Shake-up at Random House

Maud Newton blogs about a major change in the internal structure at Random House:
"What does the Random House reorg. mean?" —

... here’s a trusted friend’s analysis:

even though they say the imprints will maintain editorial independence and their own individual identities, soon enough some will disappear and others will blend into one another. More consolidation also means less competition among publishers for authors and agents. Consolidation on this scale also means big time job cuts coming in all departments - editorial, publicity, rights, etc.