Cengage Layoffs

Topics regarding layoffs at Cengage

Whenever I’m feeling blue

I visit this cengage page and just laugh and laugh and laugh and start to feel better since the only people left at this clown company deserve everything coming to them. Hahahaha. You know who you are...

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Post ID: @12sR7lbV

Annual Meeting in Orlando

So Michael Hansen only shows up to do the 30 minute Keynote 4 days into the annual meeting. He basically berates(does not even try to do the usual fake hype/motivational stuff) everyone for "looking over their shoulder"! Smart people should be... —  read more 

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| 773 views | |
Post ID: @12pADb0B

I WOULD LIKE TO KNOW

How is it that MH has fostered so much subversion and anger contrasted with the fake image that Cengage is a progressive, contemporary dynamic software enterprise with the world's greatest CEO? Yet, the complete opposite is projected here in this... —  read more 

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| 1600 views | |
Post ID: @12eRrWNp

Companies don't owe you loyalty

I do not understand why people think, or expect, companies to be loyal to them as employees. This is a capitalistic society. Money rules and employees are just that. They are people employed to make the company money. The company is the ruler – the... —  read more 

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| 826 views | |
Post ID: @12cO0aWt

McGraw Hill Reports Strong Growth

https://finance.yahoo.com/news/mcgraw-hill-reports-strong-growth-134500869.html Astounding if they continue with the plan of putting Hansen in charge of a merged company.

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Post ID: @127ERLkr

Monday's Town Hall?

I'd be interested in thoughts or details from Monday's town hall meeting. No doubt much of it was predictable, but was there anything noteworthy?

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Post ID: @1271F61I

Cengage doesn't value you

So many years I gave to this company, working late, overtime, from home, through breaks and lunches, furthering my education, and moving up to be let go right before the holidays. I really hope that the ones left do not make the same mistake I did in... —  read more 

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| 1813 views | |
Post ID: @125CVBcB

Show's Over (for now)

The Cengage show is over, thank you for attending, ladies and gentlemen. Time to turn our minds to other matters and for those remaining at Cengage to begin whipping those resumes into shape! You will know it is time to peek in here again... —  read more 

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| 1308 views | |
Post ID: @124qP7sP

Hansen's Plan

From a previous thread. This is accurate: The entire plan has always been to move to digital which will allow CL to gut its sales force and support infrastructure. Cengage's revenue will continue to decline. Notice there is no talk about growth in... —  read more 

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| 1595 views | |
Post ID: @1229Dkbe

2Q investor slides posted

MH is telling the investors that despite the revenue miss of 11%, Cengage will still deliver projected profits through continued job cuts in the 2nd half of the fiscal year.

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| 1168 views | |
Post ID: @122gZdrc

Looking for Data

I’ve read several posts stating there is an outlined plan for layoffs, transcripts of investor calls, etc. I’d like to review the data and try to put some things together. If you can help, please do.

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| 822 views | |
Post ID: @121kUdaY

Will there be more layoffs coming before 2020

I have heard rumors that there will be another wave of lay offs before Thanksgiving break. Can any one confirm? Will it hit sales again or will it focus on sales support, customer service, marketing, etc..?

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Post ID: @121Wd2LD

Sounds Like Outside Sales Was Spared

Or were they? Anyone aware of losses from the field, or were they spared? What about the person whose entire team (less 2) + manager was slated for an HR call? Was that an inside team that was being spoken of? Is this thing over yet or is... —  read more 

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| 1091 views | |
Post ID: @121r28mF

Let's Rag On Cengage - The Unload Thread

Feeling frustrated and angry over the job loss situation at Cengage? Want to give Michael Hanson and others on the management side a piece of your mind? Just feel like venting or sharing? This here's the place. It is true, Hanson's job is... —  read more 

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| 3108 views | |
Post ID: @120dnVuf

Part II: INTERNAL “Red Flag” INFO CENTER

bumping up from a previous post INTERNAL "Red Flag" INFO CENTER This discussion thread is intended to serve as a "red flag" center for any/all updates surrounding layoff activities. Let us try to keep each other informed and forewarned as... —  read more 

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| 4392 views | |
Post ID: @11Z6vXEu

Looks like the sales force & support groups . . .

. . get to sit on pins & needles for another few weeks. That's great - now get out there and close some more CU units! We need everyone on campus! Sell! Sell! Sell! My bet is the week of 11/18 . . .

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Post ID: @11O5rRGP

Advice bits from one who went through this

Advice bits from one who went through this ... The totality of severance will likely not be enough to get you by until you find a replacement gig. It is different for every individual, as the OP suggests. Be sure to ask for specifics - and write... —  read more 

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| 1152 views | |
Post ID: @11OEOa5J

Rumors of a QA Reorg

I’ve heard a lot of rumors the last 2 days about a QA reorg coming. Has anyone else heard about this?

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| 1135 views | |
Post ID: @11N5Sfiy

Is IT safe?

I haven’t heard anything yet, but waiting for the shoe to drop. There are lots of rumors in mason but not sure what to believe.

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| 955 views | |
Post ID: @11Njjesz

Office Closings

Officially the offices in NY and Monterey, CA closing

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| 2160 views | |
Post ID: @11MmaSlu

information on severance

What is the severance package being offered? Is the job placement resources worth a damn? How deep will these go?

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| 2331 views | |
Post ID: @11LI15vZ

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