CC and BF say we are growing closer as a team to build success. Really? How so? Brutal, selfish business model is ki-ling relationships and hurting service. What do I know? i’m Just a schlep trying to navigate uncertainty with this leadership group. — read more
From Last Week's Earnings Report . . .
"• On track to deliver expected $90-100M incremental cost savings over FY25 and FY26 − Actions fully executed to realize $60M savings expected in FY25 − $30-40M incremental cost savings expected in FY26" Those "Actions fully executed"? Those are... — read more
MH Q&A FF 6/14
What questions are you going to ask during next week's first Friday?
Earnings Report
Greetings, The new earnings report shows a strong turnaround by your Leadership Team. I didn't think it could be done, but whatever they're doing is working. If I were in Higher Ed or Work, the writing is on the wall, because all other divisions... — read more
latest from NK about financial goals
"Every day, you are helping to bring this aspiration to life as we strive to be a winning business known for creating the best relevant and inclusive materials that enrich the learning experience and enable educator and student success."
This is Rich
ML, SVP, has the nerve to post in LinkedIn: “psychological and Intellectual safety are at the center of healthy organizations” What a joke after the psychological abuse Project Horizon inflicted. Wake up!
Cengage Insider Update
I posted a while ago sharing information I wasn’t supposed to share. Now that my source is being laid off, I’ve been given permission to share ALL juicy details: they are going to get rid of the CPI and try to pivot back to hiring American based... — read more
Forced Retirements?
So is Cengage forcing retirements on employees? I work with this guy that retired about a week ago. Total yes man. Loved Cengage and it didn’t sound like he wanted to leave per his email. I responded to his email and asked why he was retiring so... — read more
Positive Cengage posts on Glassdoor are clearly fake
Every time there is a 1- or 2-star review it is immediately followed by a positive review. It's all very suspicious. They've been laying people off for a year now. Why would employees be posting positive reviews?? I realize some people are naïve and... — read more
Not or Human?
Is the new adoption sales “leader” a bot or human? I can't tell from that last email.
Management Material
I decided not to quit and instead started to care so little about my job until they laid me off. They offered me a management position within a week!
Games Over Mate
Blimey, textbooks are a bit of a dodgy affair, aren't they? I mean, they're like the grumpy old uncle of the educational world - outdated, a bit too full of themselves, and prone to putting you to sleep faster than a warm pint on a Sunday... — read more
VP Bloat
Notice one VP was let go, yet he doesn’t need to worry much since his spouse also brings in a Cengage VP stake. Perhaps all justifications for positions, including executives, should be shared with all, including us ham and eggers who are without a... — read more
Over 100 people out in last week's round of layoffs
The race to the bottom is on! Last one out turn off the lights.
Deep Thoughts by MH
“People are not here just for the money, but I do think money is an important part of being rewarded for the work that you do.”
STYLE OVER SUBSTANCE
As I reflect on the couple of decades I spent with this company, as well as the events that have happened since my departure, what strikes me is how performative this company's moves have been over the years . . . We start with MindTap, which is... — read more
Project Horizon Layoffs Are we Done?
Are we expecting more layoffs in the coming months? Morale couldn’t be lower. What can we expect to happen next?
Project Horizon Update
Greetings, I want to begin by congratulating our former colleagues who have decided to transition into a management role by transitioning to CEO. While you may feel somewhat unsure in your new role, I would urge you to think back on the many... — read more
We need more transparency
I wouldn't know about half of the areas that were affected had I not read about it here. The company needs to be more transparent when it comes to layoffs or morale will continue to sink.
For our most recent CEOs, did you receive severance?
Or has Cengage finally gone full Scrooge under private equity?
Prediction - Upcoming Quarterly Report
Greetings, I was reviewing the previous quarterly report and presentation, and Cengage has made some smart moves that will stabilize the company. The focus remains steadfast on the implementation of the new resource model, a strategy that holds... — read more
Layoffs coming the week of 4/22
I heard layoffs are coming the week of 4/22. Across all businesses 🥲
Update meeting
There’s an ‘update’ meeting Friday at 10. Not Cengage wide but within Gale.
Are we really going back to office?
I have not heard anything about this and have not met with my manager to talk about any changes. What is going on???????
Return to Office - Sept 9
So much for remote-first, eh? I moved away from Boston during the pandemic. My kids are settled in school up here. I can’t just pick them up and move back. I also can’t afford to.
Layoff announcement in disguise
Well, I just received a letter from Cobra telling me I am newly enrolled in this health insurance coverage. Before being told I am laid off. I guess that’s a sloppy way to hear about it.
No layoffs this week
Correct me if I'm wrong, but there were no cuts this week after all.
It's happening this week
If you have a meeting with your manager on Thursday...well...I don't know what to tell you. You probably already know!
cengageheads...
is it over? https://www.defenseworld.net/2024/03/17/analyzing-cengage-learning-holdings-ii-otcmktscngo-and-laureate-education-nasdaqlaur.html
QUESTION.
I worked at Cengage for a long time and I know a bunch of embarrassing stuff. Can I post it here? Would I get in trouble?
Soon
Spring is here and change is on the Horizon!
Where is IPS?
There have been a few fake IPS accounts but where i the real IPS to give an analysis? They are always spot on.
How Cengage was described in a recent article
"an innovative disruptor in the edtech space"
Mason in Foreclosure
Hey everybody we are moving to Mason! Oh, never mind. Looks like WFH is indefinite? https://local12.com/news/local/cincinnati-office-building-foreclosure-deerfield-crossing-sale-warren-county
Private Equity - I've seen it all before
I could be wrong, I could be right, but Private Equity wants their money back. Worked for another company that was gearing up to list on the stock exchange and wanted to increase their margin (not in itself a bad thing), and in less than two years... — read more
Pizza Party!
That is what we need right now to turn this dirigible around! Who’s got the Buddy Card?
Are they selling the building in Kentucky?
Has anyone else heard about this? Heard this from someone not employed with the company but in industrial real estate.
i hate working here
im just at my wits end. aside from being on edge about being laid off any given Thursday, CPI has just straight up stopped responding to my emails and, for the third time this month, left us on the hook for digital products THEY were supposed to... — read more