Most ridiculous Glassdoor review I have read yet. Pros So many people say it on Glassdoor - but it's true. The people here are the best I've worked with. Always eager to help - very few turf issues or agendas that you see in other... — read more
Topics regarding layoffs at Cengage
I’m not seeing as many new digital adoptions as I expected. Was talking to my comp reps and they’re getting calls like crazy to install digital. You?
So proud to work for this creative man! Love the picture too...very flattering. https://www.fastcompany.com/90525618/most-creative-people-2020-michael-hansen
When will they restore the 20% they cut our salaries? Any word?
When do you think we’ll have our next lay-off?
If you are a Cengage employee you would be wise to refrain from commenting on this forum. Refer to your employee handbook regarding public statements about the company. If you have recently separated from the company it's clearly spelled out in... — read more
Greetings, After reviewing last quarter's activation rates it is clear that Cengage Unlimited has clearly been a game changer. We continue to lead our competitors within the Education Technology space and it has become evident that we have emerged... — read more
Drinking the kool-aid and spewing the company jargon in every meeting with your direct reports and executive leadership instead of talking on their level and really listening to what they have to say to understand what's going on? You'll get... — read more
I saw this on another company's board and couldn't believe how succinctly it describes Michael's failed leadership of this company. Bad leadership that doesn't listen to their employees. Good ideas come from ALL corporate levels. Blanket pay... — read more
Greetings Cengage Colleges, As I'm sure many of you learned in last week's investor call Cengage Unlimited is an unmitigated success. We have driven engagement to our MindTap platform and saved students millions of dollars. In addition, many of... — read more
The slide deck just went out and it’s ugly. Very ugly. Loss of $917 million for the year. Update those resumes.
Pearson laid off 150+ people on Wednesday. There are meetings scheduled for some people Thursday at Cengage. Are we getting laid off soon? Anyone have any inside news they can share?
Thank you, Michael, for calling that emergency town hall meeting to discuss racism. I can only assume that you and the other BCG/private equity white guys who make up the entire leadership team will be stepping down and letting POC take over the... — read more
I heard that June is the next window for layoffs. Anyone have any more information?
Just wondering how close we are to being out of cash. I know that we have cash on hand, but what are we burning through and how long can we last at the current rate?
So, how will the next round of layoffs be conducted? Will there be territory realignments and consolidation for sales? Will there be an increase with Inside Sales to compensate for small territories losing their Generalists? What will become of... — read more
With the merger being officially cancelled what does everyone think about the future of their job at Cengage? Any reliable information? Are more cuts coming to sales, marketing, dss, customer service, and management teams?
One wonders what will become of Cengage now? https://www.thebookseller.com/news/mcgraw-hill-and-cengage-call-planned-merger-1201898
The Merger is officially off, now what's next? https://www.prnewswire.com/news-releases/mcgraw-hill-and-cengage-jointly-agree-to-terminate-planned-merger-of-equals-301051596.html
Why is one of the private equity owners suddenly taking on COO? Preparing to liquidate the company now that the merger is not likely?
The exec team forfeiting an extra 5% is a slap in the face. CEO should be getting 0 and exec team should have been cut 50% or more. Tired of them patting themselves on the back for every cut they make. We should unionize.
"Put simply, given this large (and growing) number of opponents, there is very little chance the merger closes in its current form." https://www.natlawreview.com/article/uk-begins-phase-ii-probe-cengagemcgraw-hill-merger
Press release just went out. What now?
A piece on the InsideHigherEd site, the proposed "McCengage" merger delay may spell chaos for the important fall start/selling season and may not end up going through at all. The major issue seems to be the amount of overlap in lists and the number... — read more
Anyone here know anything about the deals Cengage does with universities? Anyone ever heard of the Personalized Learning Consortium?
Prediction: Cengage Unlimited is still an unqualified success. Full stop.
Merger deadline has been extended until 1 May 2020. Regulatory approval is still a question mark, as significant objections have been raised in the UK and in Australia, along with numerous groups in the U.S. (most notably the College Bookstore... — read more
Is the merger still on? Any idea when the cuts will start again?
This means cengage will disintegrate this year, you will all be unemployed and your dear leader MH will be humiliated. I hope this pleases all of you lazy unproductive ungrateful miscreants.
https://nypost.com/2019/12/16/students-howl-as-mcgraw-hill-pearson-textbook-merger-nears-doj-approval/ The Department of Justice is on track to OK a merger of textbook sellers McGraw-Hill and Cengage despite vocal opposition by student groups who... — read more
The merger is not going to happen. The DOJ wants McGraw to divest a number of key assets which it will not do. They are waiting, as long as possible, to let Cengage self annihilate and become a fire sale of assets. McGraw just went through extensive... — read more
Greetings, As we begin 2020 there is, no doubt, an excitement in the air within Cengage. 2019 was a very successful year that saw the continued success of Cengage Unlimited along with the announcement of a forthcoming merger that will continue... — read more
When is the merger supposed to officially happen? Will the majority of remaining cuts happen ASAP or will it happen in March after the rush? Will the majority come from Cengage or McGraw?
Announcement just went out saying a board member has resigned. Things are going to get very interesting in January