Thread regarding Pearson PLC layoffs

It just keeps getting better !

Those Fall start goals should be just within reach now! The dialer is down, SMS is broken, Conversica is a disaster, a vCita rollout is on the horizon with no understanding of how it actually works, EdPlus just took two states from RS (UT & CO) and leadership is scrambling to put plans together for things that should have been communicated and accounted for long before these asinine moves were made. The catch, the one responsible for all these boneheaded decisions is out frolicking on the sandy beaches without a worry or care in the world of what he just did to Pearson!

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Post ID: @OP+15DKJUp6

6 replies (most recent on top)

That’s what we call too many cooks spoil the broth. Thank God I am out of that mess now. Life is better without stupid management and their cronies making it hell everyday

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Post ID: @zhuz+15DKJUp6

Well. We spent $500 on eCollege and completely have shut it down. Does that answer your question?

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Post ID: @2vnj+15DKJUp6

Just read about Pearson as a model business case. Sure, it’s on what not to do, but isn’t any press good press?

When we see the decisions made and not made, do you ever wonder if they are trying to lose money or be so bad on purpose? Why else would you hire recent leaders that can’t lead or communicate and have no relevant experience. Why would you promote someone from business development that can’t generate business? And why promote someone that spent millions to implement new systems that are really bad? And when you don’t understand or know how to do your job, why pay consultants that are a mess to come in and make it worse? Sounds like a recipe for investment drop of 67% and skyrocketing.

https://simplywall.st/stocks/gb/media/lse-pson/pearson-shares/news/such-is-life-how-pearson-lonpson-shareholders-saw-their-shares-drop-67/

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Post ID: @2cxi+15DKJUp6

"Chin up ol Chaps." (Spoken with most formal British accent.)

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Post ID: @1jvj+15DKJUp6

The ex Pearson CTO made a few million at Ascend and now his total comp is $4mm or so at Wiley. Look it up.

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Post ID: @1rxy+15DKJUp6

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