Thread regarding Cengage layoffs

https://www.insidehighered.com/news/business/cost-cutting/2025/01/06/december-brings-late-round-job-program-cuts

I cant upvote this article enough!

We've always had an M&A/Corporate Development team. They are the ones who evaluate and recommend acqusitions for the small companies we've acquired. Usually the acqusitions are small startups that have some piece of content or software we want to leverage. They would probably have a role in divesting pieces of the company - like Gale - if that was on the table. But the direction for something of that magnitude would come from the private equity managers.

https://www.insidehighered.com/news/business/cost-cutting/2025/01/06/december-brings-late-round-job-program-cuts

"They've already divided all the discipline portfolios into two groups--Focus and Discovery courses. Discovery is just doublespeak for the discard pile, the ones they are looking to divest of sooner rather than later."

Totally makes sense. The "Discovery courses" (e.g., history, english, world language) experienced serious program cuts and faculty layoffs across many academic institutions. These courses are facing severely low enrollment at universities. Alternately, the "Focus courses" are seeing increased student enrollment at colleges.

They've already divided all the discipline portfolios into two groups--Focus and Discovery courses. Discovery is just doublespeak for the discard pile, the ones they are looking to divest of sooner rather than later.

I can 100% see the Gale division being sold.
Full stop!

Paging the shittiest grad from any business school that rhymes with ryvie.

Hi Profile? Bawhahahahaha

I just looked at the position. Not a good thing but too early to tell