Thread regarding Cengage layoffs

So many layoffs yesterday, yet no one on here even mentioned it

Makes it obvious how many trolls on here don't even work for Cengage. Get a life people.

by
| 1923 views | | 16 replies (last )
Post ID: @OP+1aV6uSaU

16 replies (most recent on top)

I agree that people have bad information. Conflation of two different businesses publishing under the NGL imprint, School and ELT. There are responses to this thread that assume higher education business dynamics in response to a comment about k12 adoption cycles. (When did any kid you know ever affect the k12 textbook market by buying a used book or using purloined pdfs?! ) And for whoever is obsessed with DH, yes he’s still around as a paid consultant. He attends senior management meetings that review his stock options from the company. He spouts off at those too. He’s laughing at you all the way to the bank.

by
|
Post ID: @3dan+1aV6uSaU

The layoffs were in NGL school/K-12, which was under VG (who was let go), not NGL ELT, which was under DH (who was not let go... retired and stayed on as a consultant, I was in a meeting with him this week). A lot of bad information on here.

by
|
Post ID: @2zfw+1aV6uSaU

@2rdv+1aV6uSaU. Reality says Welcome! Let me give you another reality. Your students hate you. Your professors use you ( and also hate you.) Many professors post entire PDF files of your content where students access for free. And your management spends the majority of their time "playing business." Its not real.

People in publishing never made a difference. It was a a circle of mostly elitist academic wannabes who stumbled into a great gig that allowed them to roam college campuses, work with smart people, travel the country, and live in a closed market where they never saw their end customer. And that customer...the student had little if any choice.

Used books hurt publishing badly and the internet destroyed it.

Looks like you are beginning to figure that out. Sorry it took you so long.

by
|
Post ID: @2vgf+1aV6uSaU

Leadership considers the the failure of NGL's ability to weather the ups and downs inherent in the K-12 edpub realm (from adoptions) to be a failure of all teams in NGL and not to be a failure of leadership at the highest level. The cycle is known, it's nothing new, but MH suggests that it is our responsibility, our failure, and that we must pay the price for it by yet another reorg/layoffs, removing more staff from teams that are already understaffed and overworked—teams that have been through the wringer, year after year. Any dreams I had of working for a company that made a real difference, the dream that my skills and knowledge would be valued, and that I would be proud of the company I worked for have been replaced by the nightmare realization that this is not the company that I expected, they do not really care about your work-life balance, they do not care if there are paths to growth in your career, and they do not care about your well-being. Naivety check: complete.

by
|
Post ID: @2rdv+1aV6uSaU

@1ngr+1aV6uSaU. Good for DH. He sucked every bit of dough out of Thomson and Cengage. I respect him for that. He should have been let go 20 years ago. Not his fault he, like most other senior leaders in this business, are over-matched.

by
|
Post ID: @2fck+1aV6uSaU

Greetings,

I believe this strategic move to streamline our operation and leverage resources will continue to break down silos and flatten our organization.

Cengage Unlimited continues to be an unmitigated success. Digital activations are up significantly higher than we projected and while earnings are down we are implementing cost saving measures that will strengthen our company and improve EBITA.

If you look at what our “competitors” are doing it’s clear that we are disrupting an industry and defining the EdTech space. If you are one of the best and brightest and are a true disrupter in an industry that is redefining how students learn than you belong at Cengage.

The rumor is the brand NGL is ending. Hopefully the products will continue under the CenRON name.

by
|
Post ID: @1kcq+1aV6uSaU

DH is laughing all the way to the bank. Had someone stepped in years ago and gotten rid of him and the marketing bozos NGL would be fine. The brand is a license to print money.

For years people were hiring each other’s spouses/partners as “content reviewers” and doubling their salaries. This was wide spread and well known.

by
|
Post ID: @1ngr+1aV6uSaU

I think just NGL, but that includes CA, IL and MA

by
|
Post ID: @1sih+1aV6uSaU

Heard someone called out ET by pointing out that non-sales departments are alteady working 18 hour days with no relief and that cutting more people isnt helping. It means nothing of course but it was fun to hear them corporatesplain about it.

by
|
Post ID: @1tnd+1aV6uSaU

Starting to feel like a sinking ship. Downgrade NFL bookbag, downgrade the sales force, downgrade product and marketing. It's a downgraded company.

by
|
Post ID: @1fuv+1aV6uSaU

Greetings,

I see that many here are true disruptors. They have finally have embraced change and are well on their way to becoming their own CEOs. Like I said earlier in the year, there are big changes coming to NGL.

by
|
Post ID: @1xgq+1aV6uSaU

Fear not... Soon all shall be "exterminated".

by
|
Post ID: @1abw+1aV6uSaU

no one cares about NGL... Should've been exterminated a decade ago

by
|
Post ID: @eem+1aV6uSaU

Post a reply

: