Thread regarding Pearson PLC layoffs

You are also wrong. If you purchased stock THIS year, you have to wait TWO years to sell. If you bought/sold this year, you would be forced to pay stiff, liberal led taxes and lose out.

This company will continue to tank. In two more years the stocks will be worth $6 or less.

If an employee participated in the employee stock purchase program THIS YEAR, then yes, they could realize an immediate gain when their contributions are used to buy shares discounted off the 52-week low back in March - but the exact same thing could be said about almost any publicly traded company THIS YEAR that offers a similar ESPP.

You have to go back to 2003 to find any point that gets close to break-even at the current price, and adjusting for inflation, you’ll need to go back to the early ‘90’s - when there wasn’t an ESPP - to be making money right now.

That said, there’s a new CEO, the price has limited room to fall further, and there’s a non-zero chance of either a buyout from a financially healthier corporation, or the firm being taken private. That limits some of the downside risk, at least in the short term.

Your suspicion is wayyyyy incorrect. I’m not sure if a single person in the company has made ANY gains. How long is the vesting period. Now look at what the stock has done over that time.

It’s a terrible stock to purchase. I had to cut my losses over a decade recently and realize that I now have a ton of penny stocks that only has upside because it’s sooooo terrible.

I pray that a company like Apple or Google purchases Pearson so the stock might be worth a dime in the next 20-30 years.

It’s unfortunate that your stocks are currently worth less than what you paid for them but I suspect most employees have done very well with the discounted Employee stock purchase plan. I would advise you to buy the dip and increase your stake soon and you can make it back very quickly. Look at today for instance with the stock up almost 3% when the broader market is down over 3%. It is a good opportunity and where the smart money is.

Best option is to take control of your life/career rather than allow Pearson to hold the steering wheel.
Getting out was the best thing that has happened, professionally, for me.
I haven’t talked to a SINGLE employee who left who has ANY regret—so let that sink in.

I had to Google FMITA, but if that’s your decision then I know there’s been many here that have had to take that approach. I hear it is difficult at first although with Pearson it will help your career. As a trade off, I appears to weaken your values and ability to care about other people. Tough choice, good luck!