Thread regarding Cengage layoffs

Annual Meeting in Orlando

So Michael Hansen only shows up to do the 30 minute Keynote 4 days into the annual meeting. He basically berates(does not even try to do the usual fake hype/motivational stuff) everyone for "looking over their shoulder"! Smart people should be "looking over their shoulders" since numerous of their counterparts were just let go and he mentioned more cuts will come.
The people left heir families behind to come to the meetings to stay in a hotel after navigating long hours of airports to be berated for being a touch uneasy. WHAT AN A–hole! I am out. Unbelievable.

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Post ID: @OP+12pADb0B

16 replies (most recent on top)

As someone who is from the group laid off on 11/13 I can tell you for certain several of us easily worked 45-50 hours without getting overtime. The atmosphere was so tense it felt like walking into a funeral everyday. When the lay offs happened it was like an assembly line. We all got outlook invites over a very short time period Tuesday evening. The appointments started at 8 am the last one was at 1 they brought extra staff just to make firing us quick and efficient as possible. In less than a full day entire sales districts were gone didn’t matter if you were hired 2 weeks ago or 25 years ago top to bottom didn’t matter if you hit your targets, came close, or missed the target completely. This was done with almost every dedicated market team even our DMs and CSMs were “laid off”. So hearing that our beloved CEO said it was our fault at NES in Orlando this just made the option of accepting the position I was just offered as a Learning Associate so much clearer I believe my answer is you should be looking over your shoulder because treating people like disposable garbage will eventually come around and bit you back a*hl*

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Post ID: @aqrj+12pADb0B

Last time I checked, the Cengage executive team was almost all men.

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Post ID: @5gpe+12pADb0B

4cef and 4dgg show your ignorance much? It’s certainly not women managers who have brought this company to its knees. As a long time employee in the publishing industry I can tell you it’s always been a good ol boys club and not much has changed. No one I know thought CU was a good idea except the greedy men at the top, so save your misogynist comments for your therapists.

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Post ID: @5yfo+12pADb0B

Sorry, haven’t mentioned it before as I thought it was a common knowledge - ok to name C-suits and actors as they are public figures already.

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Post ID: @5wpv+12pADb0B

Personally identifiable information is not allowed? What about calling out the CEO by name?

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Post ID: @5wix+12pADb0B

If you want to be promoted, you must be an angry, snarky, middle-aged to older female. That’s the Cengage way.

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Post ID: @4dgg+12pADb0B

The intimidation of employees is spot on. They want you to quit. Also, the company has a glut of man-haters in charge. It’s,very, very, hostile to men.

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Post ID: @4cef+12pADb0B

Because personally identifiable info is not allowed.

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Post ID: @4cud+12pADb0B

3hew Agreed, the most stressful time of his entire year is mingling with filthy subordinates at the NSM... It’s difficult being TRANSparent as GLASSDOORS CEO OF ALL TIME... imagine the pressure...

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Post ID: @4zgf+12pADb0B

This is a tactic. The more employees that are bullied into leaving the company on their own the less Cengage has to pay out in severance.

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Post ID: @1oco+12pADb0B

@12pADb0B-1ddo MH and leadership aren't even pretending its about the product or solution anymore. As disastrous as MindTap was, they at least tried to invest in a product to beat the competition. There was an attempt to innovate. Unlimited is nothing more a lazy pricing scheme. Leadership has thrown in the towel and is just running out the clock until the merger and eventual sell off.

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Post ID: @1nce+12pADb0B

If the last earnings miss was so unexpected, it is a failure of leadership. The fact that the board lets Michael carry on with this lunacy tells you everything you need to know. Kermit and the rest of the private equity boys don't expect Michael to grow Cengage (or McCengage) into a healthy and profitable company. They just expect Michael to keep the ship above water, ruthlessly cut jobs and expenses and then shine up the heaping pile of garbage that will be McCengage enough that they can get their billions out of the deal and laugh all the way to the Hamptons. The few employees who are left will be staring at a company that will likely be headed to liquidation.

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Post ID: @1cdf+12pADb0B

1cza To add, these latest round of cuts were unexpected, which gives evidence in how bad this really is. The merger cuts haven’t even started yet, so when he berates and browbeats the remaining employees he’s only looking out for himself and the investors. There’s not a reason for him to be loyal to a few thousand strangers, so why be so complacent with all this?

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Post ID: @1rmn+12pADb0B

Fighting tooth and nail to keep your job when his only brilliant solution is to get rid of you when unlimited failed? Get out now.

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Post ID: @1zqr+12pADb0B

He basically said that current employees should be fighting tooth and nail to keep their job, as if they haven't been doing that since the San Francisco office closed. People are burnt out and frustrated, and it feels like one mess up is enough to get you laid off. The September engagement survey showed that employees aren't feeling valued and that long term prospects are low, and that survey was from BEFORE all the recent layoffs. Imagine if they did the survey now. And then MH comes out and says if you get laid off its your fault for not working hard enough. What were they thinking?

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Post ID: @1sgl+12pADb0B

Thinly veiled threats like this aren’t being made on the McG-H side of the ranch.

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Post ID: @myb+12pADb0B

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