Thread regarding Cengage layoffs

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

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| 1373 views | | 12 replies (last March 19, 2024) | Reply
Post ID: @OP+1rr6dx6A

12 replies (most recent on top)

Greetings,

The disruption of the Mason, OH space falls within the guidelines of our credo. Employees should expect a meeting invite for a three-day workshop designed to help craft and define personal ethos.

This workshop is mandatory and you are asked to refrain from cellphone or computer use while attending. Understanding and defining ethos is an important personal journey.

Please note that you will be responsible for all normally scheduled work, projects, and email replies that may be disrupted while at the game-changing ethos summit.

Full Stop!

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Post ID: @yaqn+1rr6dx6A

You have to remember. APAX and all private equity have mastered bankruptcy laws to their advantage.

It’s not like they’ve run out of money. They are most likely running from having to actually pay someone.

The game is rigged.

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Post ID: @cchg+1rr6dx6A

How silly, this has nothing to do with Cengage other than the fact that Cengage is leasing space in the building that is in foreclosure.

Silly? Did you see who lost the building to foreclosure? One of Cengage’s biggest investors. I think at the very least that would raise some concern.

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Post ID: @bbcm+1rr6dx6A

Cengage is the business version of the movie "The Cooler." Everything it touches fails.

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Post ID: @8pcj+1rr6dx6A

When I worked in that building there was serious talk about us taking over the entire building. That’s completely laughable these days

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Post ID: @7lxq+1rr6dx6A

How silly, this has nothing to do with Cengage other than the fact that Cengage is leasing space in the building that is in foreclosure.

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Post ID: @7lde+1rr6dx6A

Managers are not your “friends”, and the company is not your “family”.

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Post ID: @3rwe+1rr6dx6A

Wherever Cengage is, pain and pestilence soon follow.

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Post ID: @wku+1rr6dx6A

@xpv+1rr6dx6A What are you talking about? IPS is Chairman of the Cengage Group.

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Post ID: @xsf+1rr6dx6A

@rnr+1rr6dx6A
"Insider here"

Friendly reminder: nobody who's actually an insider is posting on this site.

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Post ID: @xpv+1rr6dx6A

We received the message below:

"Mason team,
Some of you may have read in the Cincinnati Business Courier an article about foreclosure related to our office building. We have been aware of this situation. This relates to the financing on the building and does not affect our lease or the building services in any way. We will continue to use the space as we have and do not anticipate changes or disruption in our use of the space or the common area facilities. Please reach out if you have any questions."

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Post ID: @wnz+1rr6dx6A

Insider here: this news was NOT supposed to be public. C-Suite is very pi---d and is using terms like "leaked" right now.

The entire ship is going down folks.

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Post ID: @rnr+1rr6dx6A

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