Notifications going out this week. Same MO as last year - managers are forced to read a script with HR nanny sitting in. Once again targeting people with decades of experience who aged into the top third of the salary band. No regard for role... — read more
Remember Brian?
"Upon emergence from Chapter 11, 2U will be governed by a new Board led by Brian Napack as Executive Chairman. Mr. Napack is a longtime education industry executive, former CEO of John Wiley (WLY), Chairman of the Association of American Publishers... — read more
Layoffs continue in 2024
Layoffs continue in 2024, and with no strategy to increase revenue, the approach has been to shed costs. There seems to be no rationale on who is impacted, maybe other then salary, as the individuals are actively working on critical projects. Based... — read more
Nov 2023 Layoffs
Huge swaths laid off with no notice, effective immediately; some during PTO; some on the verge of submitting major projects to clients. Sounds like they need to fix their numbers urgently by cutting weight but there already wasn't enough staff to... — read more
This doesn't sound good...
"I think the most recent financial performance here was fairly bad, and I think the company itself is doing the financial equivalent of 'battening down the hatches,' and that’s never a great sign, in my view. The capital structure has deteriorated... — read more
Wiley is full of incompetent a-holes
The culture of Wiley supports 0 competence, accountability, and a lot of deflection/blame. Deeply unhealthy and not a place to grow. The star performers are given the most work, and also constantly thrown under the bus. HE is on a downward spiral.
"John Wiley & Sons cuts FY2020 outlook, suspends buybacks"
"John Wiley & Sons (NYSE:JW.A) is reducing FY2020 outlook as it sees declines in print book sales, declines in businesses, delays in closing annual journal subscription agreements and delays in customer payments due to pandemic... — read more
Spending spree
"John Wiley & Sons has agreed to acquire Zyante for $56 million in cash." https://seekingalpha.com/article/4273005-wiley-acquire-zyante-stem-courseware
"Optimization"
What does this look like on the ground? "Our multi-year business optimization program is driving significant efficiency improvement and savings across Wiley. " "We continue to see decline in our Publishing businesses, but we have realigned our... — read more
Wiley and MSU
"The initial deal term is for eight years, and it provides for a launch of support for two existing online programs (a master's in Criminal Justice and a masters' in Law Enforcement Intelligence and Analysis) in September 2019. A third offering is... — read more
Wiley layoffs are happening but nobody covers it or reports about it
Not sure what else to say. The industry is shrinking and things are going digital - there will be more layoffs at Wiley, nobody can stop it.
The whole industry is about to collapse
Just look at other publishers, nobody is doing good
What's a typical severance package at John Wiley?
I work for a competitor, and I got nothing, just curious about what you guys typically get at John Wiley?
2014 Layoffs
Any new info on 2014 cuts? I hear many rumors
Downsizing is not inevitable
We can turn things around but we need to put more emphasis on digital and we need to retrain our folks so they can adjust to the new normal. things are moving very fast and all of us have to react and adjust - i know that we had few bad years but i... — read more
70+ (INDY)
Big cuts (INDY) last year, 2014 should be better - JW is a good company to work for