The race to the bottom is on! Last one out turn off the lights.
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“ They've posted new hires and promotions for the first week of may but not any of those let go. Too many to list?”
They can’t keep up but as soon as they hire someone in India to collate the list the post will be made!
I don't know if you guys noticed, but a different person is posting the new hires and promotions on sharepoint. maybe the person who used to post before was let go?
The fact they post new hires and anniversaries just drips with irony. OMG!
They've posted new hires and promotions for the first week of may but not any of those let go. Too many to list?
I’d be shocked if T.A. wanted to stay.
She’s the type that wants to build product, not disembowel a company.
There’s nothing left to build at Cengage.
"Wait, what? Are we talking about T.A.? . . .but it would be huge."
Why have a domestic product VP when all of your product people are on the other side of the world?
They really are gutting this company, jeez.
@7vdc+1spQKXVo - you are correct, it is T.A. She is leaving next month.
"The VP of Product, AI also leaving after 6 years with Cengage. That's probably the 3rd VP to leave in less than two months."
Wait, what? Are we talking about T.A.? I haven't heard anything about that, but it would be huge.
Two in a box!
Maybe Jim Donahue will come out of retirement to yell at some more people!
The VP of Product, AI also leaving after 6 years with Cengage. That's probably the 3rd VP to leave in less than two months.
Greetings,
The title of this thread is somewhat misleading. The previous administration's policies and aversion toward the highly educated did disrupt the EdTech market, a space that Cengage not only defined by rides on the bleeding edge of.
Let me be clear: I was not deported, and we are beginning to see the fruits of the current administration's undoing of draconian and backward policies. College campuses across the country are emulating Cengage's unmitigated success and emulating the firm by becoming centers of disruption.
The recent realignment of resources is proof that our core business is strong. The leadership team has not only reallocated responsibilities to our global shareholders, but Still, it has built equity across borders by allowing disrupters in other countries to experience the culture and diversity that make Cengage a market leader.
While some may have left the company to pursue their shared goal of becoming their own CEO, the company has demonstrated its ability to scale as we navigate through a market that was badly damaged by an illegal and rogue administration.
Get on the train! Full Stop!
I think you mean “pay.”
Its a sh---y business. Why would lay be good?
Proof is in the treatment of inside reps, which is pretty awful when it comes to pay.
The Inside Sales team is solid and secure. Despite any market uncertainties, we are confident in the strength and resilience of our team.
We want to assure our Inside Sales representatives that their hard work and dedication are valued and recognized. We are committed to their growth and development, and we are excited about the future prospects of the team.
We understand that rumors of layoffs can be unsettling, but we want to put those rumors to rest. We have no plans for layoffs in the Inside Sales department. In fact, we are actively investing in the team's success, including training programs, new tools, and resources to support their continued growth.
Thank you for your tireless efforts and commitment to excellence. We are proud to have such a talented and driven team, and we look forward to many more successes together!
Sales are strong and the company is safe and secure. Our recent financial reports show a significant increase in sales revenue, indicating a thriving business with a positive outlook. This success is a testament to the hard work and dedication of our team, as well as the loyalty and trust of our customers.
Despite any challenges in the market, we are confident in our ability to adapt and continue growing. Our financial foundation is solid, and we are well-positioned to navigate any uncertainties.
We want to assure our employees, professors and any investors that the company is stable and secure. We will continue to proceed in innovation, customer satisfaction, and employee development to ensure a bright future ahead.
Thank you for your continued support and the love you bring to company everyday.
More names will be revealed next week. Some people's jobs ending next week.
100? That equates to about $8-10mm in Ebitda if sales stay the same. Still lots of cutting needed.