Nothing changing in Boston as far as I can tell
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any numbers yet for this months riffs?
Imagine Pearson leadership rearranging the deck chairs on the Titanic and you'll have a full understanding of how the company has re-shaped itself this year.
Hopefully any future layoffs will start to cut to the protected useless inner bone and oust the country club VP and SVP levels that regulary leave at 3:30pm while somehow protecting their fiefdom facades of useless dead wood.
Just amazed at how much time people spend posting on Neo (the internal social media network=joke) versus doing actual work.
Bring in some real VP and SVP quality types, A-list players, who can disrupt the old status quo and bring about real change and accountability. And this goes all the way up, including Presidents of NA and HE.
June 7th.
Everything is complete for HigherEd in NA. What a joke of a reorg. Basically cutting a division that was created after the 2013 reorg (that should have never been created in the first place) Hope HSSL enjoys their negative goals again, while P&C and M&S have 5-6% goals on an $8 million base. Once again, upper management proves again and again they are clueless, and apparently are also bullet proof. I don't know another company where you can miss goals like they have (over and over) and keep your job. Start the clock, we all have one year until we are in this exact same position having the same reorg conversation.
Will the LSC's layoffs be in Canada too, or just the US? Is Canada reorganize and laying off too?
The US higher ed market was noted as 60% of overall Pearson sales. Cutting the sales force, cutting editorial in the last round, as well as dumping digital project managers does not make any sense. Then again, getting rid of a profitable FT and other subsidiaries also didn't make any sense. Too many strong employees are being let go. Senior leadership won't have anyone left to fire in the US after they decimate the US teams. Customers are not being served. Outsourcing and trying to automate customer service is proving to not be the answer. New digital products have been poorly rolled out and have had lackluster sales. Students are not warming to digital in all areas of the country. Senior management needs to look in the mirror. Companies survive when they make products people want at a price they can afford. Pearson no longer does either of these things. Time to change the leadership if this company is to survive.
By laying off the LSC group, is Pearson admitting that the last higher ed re-organization was a failure?
Still waiting to hear how the current layoffs have impacted management too. Any day now, right?
Two weeks ago, they held a series of global corporate calls, and they said that they were 1/2 way through the restructuring process. Today, they let go of most of the Learning Solutions Consultant team in HigherEd, as well as others, and the dust hasn't settled yet. Apparently, there will be another round of layoffs coming in June.
Pearson is laying-off another 120 higher education employees today, May 17th including field-based sales representatives.
Any idea on what those changes may be? I've heard the following:
STEM & NSTEM salesforce, esentially getting rid of softside
DM & RM Will now be Generalist
LTS/LSC realignment
Happening next week. Gonna be major layoffs/changes for US highered division.