Thread regarding Pearson PLC layoffs

5 Divisions ?

https://www.reuters.com/article/pearson-results/update-3-education-group-pearson-targets-consumers-directly-with-new-strategy-idUSL8N2L6191

Shares are up, HEd Courseware is now its own division setup for easy spin off, and the ship continues on. Not a bad idea overall, we're pulling the pieces apart for ease of cutting them off when the profits don't hit goals.

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Post ID: @OP+19Ll3QQ5

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I have zero faith that Pearson has any ability to execute this. Does Mr. Bird know how competitive the corporate learning space actually is?

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Post ID: @2bwr+19Ll3QQ5

From Investor Call script:

The reorganization to our five global business divisions will incur costs, predominantly severance related.

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Post ID: @1mni+19Ll3QQ5

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