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 when word comes that the merge has been approved and is scheduled to happen. Could be calendar Q1 or Q2, no one knows at this point. Hanson/Hansen has a "Day Zero" plan in place which states that the downsizing and collectivizing will begin on "Day Zero" – so that they can step into "Day One" as a merged company ready to roll. The layoffs at that time will likely be internal and substantial in nature.
The second wave is slated to happen once the school year and selling season has ended, which means you might want to peek in here during the first two weeks of May. This wave of layoffs will focus on sales and those who support them, and it will be quite substantial in nature.
After that, things should settle in until the third scheduled wave happens in 2021.
Enjoy your holidays, folks - and a happy New Year to you and yours!