https://www.statista.com/statistics/801187/cengage-net-income-quarterly/ Wow, how does the business even stay afloat at this point?
This time QA got nailed. Literally torpedoed your online learning cash cows because you want to save a few dollars laying off the already under payed QA roles. Surprised, but glad ill be finding a job that doesnt F**k their employees
This happens with all companies where leadership does not have a strong vision and a good plan for the future. Still, at one time I couldn't even think that the company would become what it is today. Rock bottom doesn't seem far away anymore, does... — read more
On the one hand, I am very anxious when I think of layoffs, because I am not very prepared in case I lose my job. On the other hand, I'm so tired of this company, the amount of work I do and the atmosphere in general that I even think layoff would... — read more
There are rumors circulating of cuts to the inside sales positions in Northern Kentucky. Does anyone know if this is true? What should I do? The timing is not great.
They manage through intimidation and that seems to be the only thing they know how to do. A bunch of good-for-nothing incompetent as-----s who try to hide their lack of knowledge by taking credit for other people's work and threatening anybody who... — read more
There seems to be a never-ending line of reorganizations with each one achieving even less than the previous one. I'd like to know why are they necessary? What's their ultimate goal? Why can't we go a full year without either a company-wide or a... — read more
The company needs to get aggressive about password sharing.
Is it worth leaving cengage?
does he still slurp soup
How does it feel to be a transformer??
Leadership just announced 3-4% cost of living increases. Per CPI, inflation is 8% YoY. Sounds like we're all getting effective pay cuts this year. Demand the pay you're worth, or find it elsewhere.
I'm leaving for a position that pays about 10 percent less and I don't mind one bit. This is not the worst company to work for but it's not a place I want to spend another ten years before retirement. They say that it's just as important to realize... — read more
You are nothing but a disposable cog in the wheel and you're treated as such. If you're expecting to grow your career here or build a network that could be helpful to you in the future, think again. The only thing this place will do for you is teach... — read more
Not sure what middle sales management does- they seem to only be in and out of meetings. Do you think middle management is at the higher risk of being laid off than field sales? Or will middle management have to start selling instead of field sales? — read more
Of course, you should always be prepared, but I don't think there will be any big layoffs for a long time. It’s just my personal opinion, because I really don’t believe Cengage can afford to cut a large number of people. Perhaps I'm wrong? For now... — read more
At first, it seemed like adding cybersecurity training to the company’s portfolio with the acquisition was not a bad move at all. Now I'm thinking how long it will be before Cengage destroys every potential of this acquisition? Considering the... — read more
No surprises on the earning call. Higher Ed is flat, Cengage Unlimited in decline - Covid, headwinds, blah blah blah. What was surprising was a major difference in the macro-level company goals between the last report from November 2021 and this... — read more
OK, but everything has its limits. How long will Cengage be able to function by shifting the work of those who have left to those who are still here? I'm on the verge of leaving. If I get just a little more work from others, I'll give notice right... — read more
Where are you applying? I know many are looking for a new job right now, including me, but the situation with the job market doesn't seem as good as I was led to believe. It's not that there are no jobs, it's that nothing pays well enough to warrant... — read more
Anybody else getting these complaints? Is there an outage somewhere?
I see so many job postings for Cengage out there. It’s almost embarrassing the number of positions open right now. Are they having any luck hiring with so many better jobs available?
From what I can see, attrition is at an all-time high so Cengage is shedding costs without having to pay severance. I can't imagine a better situation for the company. I'm hoping that the numbers look good enough and enough folks are walking out on... — read more
Please share. I'd want to try and transfer since I'm working more than ever for nearly the same pay as when I started four years ago. The more people leave the more work gets shifted the way of those of us who're still here. God forbid they hire... — read more
We're used to January being a time of layoffs and restructures across the company, but maybe the shoe is on the other foot this year. How is your team being affected by people leaving in droves, whether for themselves or for better opportunities... — read more
I want to leave to get more money but the job is so simple I don’t know if it’s worth it. Is anyone else in the same position?
Honestly, I thought this year would be much better for Cengage. Instead, working here is increasingly miserable. Many can't wait for the layoffs, few think that next year will bring anything better here. Are we all gonna have to quit and look for... — read more
Are we in accord?
There are some good questions about pay in the #first-friday Slack channel. Keep 'em coming. Remember: An annual raise that's less than inflation (5-6% per CPI) is an effective decrease in pay. https://www.reddit.com/r/antiwork/
Currently speaking with a recruiter about a Field Account Executive role at Cengage. They're talking about $45k commission bonuses, free cars, work life balance...what's the catch? Are AEs hitting sales goals? How much time is actually being spent... — read more
We can swap success stories
Predictions? Drinking game every time the following are mentioned: Covid: 1 drink of wine or beer Underpinned: 1 shot Headwinds: 1 shot Decisive: 2 shots Optimize: 1 shot Delta: 2 shots Recovery: 1 shot Offset: 1 shot Mary it's nice to hear... — read more
I don’t know how this gracious unselfish man will faire out there when this pyramid scheme finally collapses Executive Compensation Michael Hansen made $1,704,241 in total compensation. Of this total $593,250 was received as a salary, $0 was... — read more
The longtime CTO is leaving. Who remembers 2 in a box?
People are leaving more than ever or at least I don’t remember them ever leaving more than now. Every week one or even more people leave with whom it was pleasant to work with. This company doesn't seem to worry much about it, but it worries me a... — read more
I see posts on here from people who have left the industry and say that they are happier and better compensated in their new jobs. If you don't mind sharing, I am wondering which industries you have entered. Places where your skills are valued and... — read more