After over a year of not having them, forecast calls have resumed. Needless to say- the ET has been “surprised” at the losses being forecasted- to the point of not believing the managers forecasts, and they still do not have access to a lot of... — read more
July 23: Another Day, Another Reorganization
Tomorrow, 7/23, executives are expected to roll out yet another centralization announcement. Translation: another reorg, another org chart, and another round of “strategic alignment.” We’ll see what lies ahead.
Be smart and stay away from Cengage
If you care about your mental health, stay far away. They'll tell you they care about employees, but it's all talk. You're just a number to them and they treat you as such.
7 Days before Vegas ... What are you feeling?
I'm Anxious, Nervous , and basically dreading this meeting more than the others. Vegas in July is the 1st Red Flag. SO many new faces. New Managers, New Team members, etc... I'm just going to close my eyes and click my heels and hope to wake up... — read more
IPO deadline has come and gone
June 30th was the drop dead day to file the IPO. They've been shopping the IPO for 6 months and the market said "no thanks". Anemic growth (circa 1%), one time ebita bump from massive cost cuts and the McGraw IPO flop has put a nail in this coffin. I... — read more
MH - It's Time... Where is the Anonymous Survey?
We know how you love the so called anonymous survey. I'm sure KT in HR would support a survey, but MH knows that it will make him look bad, so No surveys anytime soon. KT keep up the pressure maybe he will resign, so you don't have to continue... — read more
Staffing agencies
I've been considering using a staffing agency to help with my job search, but I don't know much about them in general. Has anyone here used them before? Were they helpful? And if not, what other options would you recommend instead?
ABSOLUTELY RESIGN!
I know you are feeling sad and tired. Exhausted from having to actually do work. It’s okay, that’s what a resignation does. It helps eliminate the toxic waste in a company and allows you to go to other publishers and su-k the life out of them. If... — read more
DO NOT RESIGN!!! MILK IT AND MAKE THEM FIRE YOU!
The week of July 6th there were a few resignations. Do not resign! If you have not secured new employment and you are sick and tired of tedious daily activities like Salesforce. DO NOT MAKE IT EASY ON THEM... DO NOT RESIGN! Everyone's... — read more
Another First Friday this week!
Any predictions?
Happy Independence Day!
To my Cengage colleagues stilled mired in the muck of this soulless entity, I just got a new gig and gonna take a little PTO before quitting. Happy Independence Day!!!!
Dropping Like Flies
I love seeing Cengage crumble through this gossip site and my friends eyes who still suffer there until they get a new gig. I get calls from professors asking for help lol. I just recommended other publishers.
It’s time
Itai, if you’re reading this, it’s time. He has to go. Just do it.
First Friday 06/26
People are asking good questions!
Merit Increase
I am in the higher ed dep, so we usually get "significant impact" merit increase equating to 3.25% of salary regardless of performance. Has this percentage changed for this year? I guess we will find out from our next paycheck.
Layoffs question
I haven't heard any rumors in a while, which should be good but it's just making me nervous. Are we safe currently or is this just the calm before all he-l breaks loose?
Glassdoor rating 2.9
How low will it go? Thinking back to when it was over 4.0
Cengage - Sorry for those not at the top
Cengage continues to show its true colors and it just keeps getting worse... On May 26th an email went out to people leaders letting them know that employees that made a Transformative or Outstanding impact would receive an impact award (if they are... — read more
Is this true?
Cengage implemented a restructuring plan known as "Project Foundry," cutting approximately (24\%) of its workforce. The strategy focuses on restructuring the company into an "AI-native" organization, transitioning merchant outreach roles to AI... — read more
Why delete the post discussing National Geographic?
Interested in why that one was yanked. Is it because someone said the streets were saying that Cengage was dumping NatGeo after the IPO?
NK will handle both Higher Ed and School
School will dissolve now, like Higher Ed.
Some sort of email?
It sounds like there was an email from higher ups admitting some kind of fault or issues? Any details for the laid off among us?
More Infosec Layoffs?
Were there more Infosec layoffs? What is left of Infosec?
Loserville
Former happy Cengager checking in to see what’s happening in Loserville. Get out and let Cengage burn. There is more money and better cultures out here. Good luck
When Legacy Meets Layoffs: Inside the Slow Dismantling of a Historic Brand
Even for iconic brands, the cracks eventually show. Over the past year, Milady, a company that helped shape beauty education for nearly a century, has undergone a dramatic restructuring that many employees say signals the slow dismantling of the... — read more
Cengage Culture & Productivity
Cengage (and all textbook companies) have a major culture problem. These aren’t serious people. Everyone outside the companies talks about it. What they deem as productivity measurements are distractions disguised as productivity. Constant Slack... — read more
Apollo....the Mob but dressed in Armani?
he classic Apollo playbook: Buy distressed debt at 60 cents on the dollar Take control of the company Extract management fees, dividend recaps, sale-leasebacks Pile on more debt to fund those extractions Flip it or take it public at an inflated... — read more
Stop it
If you get laid off by Cengage please don’t thank them on LinkedIn. Have some self respect.
No mention of layoffs on First Friday May 1
It seems no one has mentioned layoffs in the First Friday Slack channel. People usually say or inquire about it. Only the sycophants were sending messages, it seems.
what happened
just seeing this all now. can someone give me an outsider's perspective of what happened?
Concerning new job posted - AI Engineer for FP&A
A new job has been posted, they are looking to hire someone to develop AI to take processes, procedures, analysis, etc out of the hands of current workers and into the bowels of AI. The worst part is that the job description includes making the AI in... — read more
Any intel on possible School layoffs?
Does anyone have intel on whether there will be layoffs in the School group in the near future?
Where did everyone go?
Any ideas on where everyone went? What companies are you all at now and can you help any remaining Cengager's get out or catch the fall?
To lurking ET and Apollo members
IMHO, this is the worst configuration of the ET we’ve had in many years. This is how it appears to me. CEO with no vision, no spine, talks out of both sides of his mouth, obsessed with status and wealth, ensures the worst of the worst get ahead and... — read more
One thing is for sure...
IPS still has a job. I can't imagine anyone else coming up with the announcements we've been receiving.
How many layoffs?
Does anyone have a rough idea of how many people were just laid off?
How long do we think this new model will last?
Seems to be no rhyme or reason for who was placed where and the decisions that were made. What the Fu*k?