IPs and others what do you think will happen to the Cengage Children, like MiLady and Gale? Who will gobble up National Goegraphic?
Greetings, The last few months have been a trying time for all of us. Although we still feel the ripple effect of the lingering impact of COVID-19 and the anti-education policies of the previous administration, our business is sound. Several years... — read more
Greetings, I was reviewing the latest report, and Boston is, indeed, closing, and Mason, OH will become the center of the Unlimited Reich. I'm not sure how we all missed this, as it's in the report in black and white. It seems as though the Axis of... — read more
I'm starting to think IPS is a member of management because they make predictions that always come true. If not, maybe MH should invite IPS in to consult with the situation. I hope IPS isn't here to get us all fired.
Seems like it’s the same people who are always worried about layoffs. Other people think upcoming changes won’t affect their world. Why or why not are you worried this time?
What are you thoughts on First Friday today? People were asking tough questions in Slack. I doubt we will get answers. I will be prepping my resume this weekend.
As of February 2023, a National Labor Relations Board decision prohibits employers from requiring laid off workers to keep confidential both the terms of their severance agreement and the terms and conditions of their job (which includes wages... — read more
Is Cengage sun setting? Will the demand to increase revenuein every department lead to a pay cut for the c suite? hahaha transparency
Cengage is doomed after todays email. We’re toast.
Lots of talk about growth, de-leveraging, etc but then still a $35mm loss due to debt servicing.
I can't imagine waking up every morning and having any dignity or self respect knowing I work at the Cengage...
This company has been in a death spiral since July 7th 2007 when new "leadership" took over after the sale to private "equity". A lot of great work went into this brand and publisher from the early 60's to 2007, a lot of great people, mentors... — read more
Greetings, The much anticipated Q4 financials are here. Looking at the slide deck vs. the actual filing shows the brilliance and skill of the Cenforce leadership, as digital sales are up and growth is strong. The efforts being made by the combined... — read more
Wow, the latest 10k continues the slide. Takeaways are if you’re in KY be worried. Lease on office ended in September, Work down 287%, huge drop in cash, huge increase in liabilities as interest is eating the company alive due to prime/LIBOR going... — read more
Hearing of leadership layoffs in the International group. Anyone have more info? Seemed like that was a promising part of the business post-COVID.
Seeing posts from former longtime Cengage colleagues announcing they are looking for work.
As a former Cengage employee (and bankruptcy survivor) I am very much looking forward to reading this book: https://www.hachettebookgroup.com/titles/brendan-ballou/plunder/9781541702103/?lens=publicaffairs
What is going on here?
Anyone heard of any layoffs?
Do you think when the economy finally collapses and the organization is in turmoil they will prioritize laying off the equity-hired transpersons and their underperforming alphabet club ally’s first? Just like in the tech sector?
What's the endgame with the vultures and Cengage?
I started years ago, I discovered it was a fake meme company after 2 years and then quit leaving my low IQ manager to pick up the pieces. This manager is now gone too, went to another meme publisher to repeat the lie. How did it go for you?
Greetings, I’m proud to announce that Google has taken a page out of our leadership team’s playbook as they look to emulate Cengage’s explosive success in EdTech. Layoffs do not show a company’s weakness, they are a way to project strength. Think... — read more
How in the world did Cengage get voted best place to work in a 2023 Glassdoor survey? I mean really. Everyone is overworked and underpaid. Loved my boss explaining the 1.2% annual raise. Meanwhile MH is vacationing in an Italian villa.
Now they are hiring for a lot of the positions they laid off last year—feel bad for the new comers, since they will be paid less than the people they laid off . Jobs that required college degrees are now equivalent experience lol. They will be so... — read more
One of my children recently started online college classes. While both Cengage and Pearson materials had to be purchased, a few classes are providing free material by a company called OpenStax. I always thought of no-cost materials to be... — read more
Why is it working at Cengage seems like nothing more than a slumber party gone wrong at the sorority? I've never in my life met so many underperforming mean gossiping girls in my life than here? If someone doesn't have any gossiping backstabbing... — read more
There is no December 32nd. Oh wait.
Did Cengage just recently have a live national engagement summit? This is the company that just laid off a bunch of people and then spend hundreds of thousands "learning" and "celebrating successes"? If Cengage did have a face to face meeting... — read more
Did Cengage just recently have a live national engagement summit? This is the company that just laid off a bunch of people and then spend hundreds of thousands "learning" and "celebrating successes"? I saw pics on LinkedIn and saw the usual... — read more
A better question would be "How do you integrate work and life?" "It's a fool's errand" to drop the iPhone or pen at 5 p.m. and the weekends.
The population of college-age Americans is about to crash. It will change higher education forever. In four years, the number of students graduating from high schools across the country will begin a sudden and precipitous decline, due to a rolling... — read more
Left Cengage five years ago because I couldn't take it anymore. Talked to a former colleague who worked in software dev that was let go over the summer and found a better job soon after. He said the yearly purges have just intensified over the past... — read more
Greetings, As many of you know, Cengage Unlimited has been an unmitigated success and has transformed the lives of students all over the globe. The EdTech segment has been attracting attention. Everyone from high-profile investors to social media... — read more