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?
Severance
What has cengage been offering for severance lately?
Q3 Earnings
Greetings, I am happy to share in Q3 Cengage Group's top line income and EBITDA both saw significant growth. This was due in part to several factors including the unmitigated success of our digital growth strategy, the implementation of Project... — read more
Lat week's layoffs
50+ employee were laid off last week. So yes. Can somebody please provide more info on this? I haven't heard of any layoffs last week. What was hit?
New Course Lead role?
Am I the only one feeling like the course leads are going to be the only content managers left by the end of project horizon? Idk it just feels like layoffs in content creation will happen again this year.
Layoff announcements?
Since there are two Friday calls scheduled for this month does this mean layoffs are coming? Do we think people at the KY office will be affected? People in this office “wfh as well” are delusional since everyone seems to think they are safe no... — read more
former Manager here
I am a former manager who worked at Cengage. Very sad to see the state that it is in now. I'm still very close with people still there wgho are high up in the chain so I wanted to share some rumors ive heard from people the pivot to India isn't... — read more
"Voluntary", "Anonymous" Annual Survey
Does anyone answer this truthfully or try not to submit it? Anyone else afraid of retaliation? Definitely not "voluntary" or "anonymous".
Another reorg? I'm shocked!
A reshuffling of the C-suite but no cuts in the C-suite. An addition to the C-suite. The company will eliminate redundancy that may have existed between businesses and functions. Full stop!
It's starting
So I've been hearing from a variety of people that their 1:1s with managers are mysteriously getting rescheduled due to "conflict" and other managers are entirely unavailable. Looks like it's starting.
Two First Fridays in a row on 2/2 and 2/9
Does this mean layoffs incoming?
...interesting...
https://www.prnewswire.com/news-releases/cengage-group-named-a-best-place-to-work-in-2024-by-the-glassdoor-employees-choice-awards-302031225.html#:~:text=BOSTON%2C%20Jan.,4.3%20out%20of%205%20rating.
I'm looking forward to layoffs
Too much has changed here and not for the better. I'm now hoping that the next round of layoffs will include my name so I can leave and have some money to get me through the job search process. I know I could leave on my own but why leave good money... — read more
Announcement
Greetings, I have completed crafting a new credo and am preparing some exciting announcements. According to our latest loss statement, we are on track to deliver everything we promised to our investors. If you think your job is safe - you're... — read more
Where is IPS?
Did they get doxxed or something?
Do you still like your job at Cengage?
I despise everything about the company. My job, my manager, the backstabbing people I work with, the political culture, everything. I know I can't be the only one who feels this way. Cengage has changed so much in the last few years that it's... — read more
Any predictions for this week's first Friday?
I'm sure gratitude will be involved and transparency to.
Any Updates on Layoffs?
Usually they do a big round before Thanksgiving, any news out there?
Inspired Leadership
Since joining Cengage Group 11 years ago, one of my priorities has been cultivating our company culture in partnership with our 4500+ global employees. We have collective ownership of the culture we have built together – one that emphasizes... — read more
Did sales get gutted?
Where is sales? Boston? IPS tell us what happened now full stop!!!!!
Cengage secrets?
What sort of Cengage SECRETS are there? What do they not want you to know?
Is it me or…..
Am I imagining that comments are being removed periodically? Is this Glassdoor all over again?
Will Cengage enforce it's non-compete clause?
I'm actively applying for jobs at other EdTech companies because of the Project Horizon mess. Has anyone ever heard of Cengage enforcing its non-compete clause? One application asked me to submit a copy of the non-compete clause so that got me... — read more
What does a Cengage severance package typically look like?
Not the agreement, but what's in the package itself. Anecdotes anyone is willing to share are appreciated.
From Our Dear Leader
"I firmly believe that we have the potential to be the greatest company that changes the lives of millions of people." Full stop!
Does anyone know what the severance contract they have you sign includes?
I’m specifically curious if they forbid you to talk about the company negatively as that will be hard lol. Thanks.
What Happens Now (Historical Perspective)
Greetings, I'm sure many feel excited and nervous about becoming their own CEO over the past few days. I want to share a business update to provide historical insight about what will likely happen over the next six to twelve weeks. There will be... — read more
Important Business Update to Share
Greetings, I know many are feeling anxious after today's exciting news. I want to reiterate that Cengage will still pay its Class A investors a 16% dividend this quarter. In addition, I am not being deported. We must continue to lead through... — read more
Project Horizon
The culling has begun....
Cengage Beats the Market!
Greetings. It's a well-known fact that Cengage Unlimited has been an unmitigated success. While we have continued transforming the EdTech space, most of the "competition" has yet to formulate a plan to catch up. Cengage is the undisputed leader of... — read more
5m Rebranding Campaign to be Announced
Greetings, In today's fast-paced world of Ed-Tech, Cengage needs to remain the leader. While Cengage Unlimited has proven to be the clear standout in a crowded field of learning tools, we must provide the necessary resources to stay a transitional... — read more
First Friday
They all but announce reorgs in product development and sales and all anyone can talk about is Slack going away. Great job by the corporate comms team structuring that one!
Using Hold the Line as opening song for FF was a choice
Once again, those on high decide to look at dollars only instead of the ACTUAL cost of getting rid of Slack and Zoom, information will be forever lost, and how much time will need needed to adjust to change which is also money a nd downtime lost... — read more
Layoff planning today in not closed Boston.
Meetings in the open office space. US Higher Ed Production, Sales, IT. Very not discreet, anyone in today could hear it.
Q2 Ending in Four Days - Predictions
Greetings, The third quarter ends on September 30th. Last year, Cengage lost approximately 100M in cash (348 - 244) and added about 80M in liabilities (debt). My predictions and reasoning, based on publicly available information: Cengage will... — read more
How will the spoils be divvyed?
IPs and others what do you think will happen to the Cengage Children, like MiLady and Gale? Who will gobble up National Goegraphic?
An Open Letter to Cengage Employees
Greetings, The last few months have been a trying time for all of us. Although we still feel the ripple effect of the lingering impact of COVID-19 and the anti-education policies of the previous administration, our business is sound. Several years... — read more