Thread regarding Pearson PLC layoffs

For me, this was an unexpected move

Someone said that "Everyone knew ASU was going away". Really?
I know that leadership makes bad decisions, but I never could have imagined that ASU would go away.

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Post ID: @OP+1gnHtoJ3

7 replies (most recent on top)

For anyone who worked directly on the account it was very obvious.

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Post ID: @4hcl+1gnHtoJ3

Sorry Smitty, but everyone did try to tell you many times. Even look in this forum, 95% of it is correct, much more accurate that what you’ll get from leadership.

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Post ID: @3rxa+1gnHtoJ3

While you are in AZ and didn't realize there were issues with ASU, the leadership is covering up issues with many other APs. We are losing major partners and revenue is going to plummet. Look at how many partners have left or are leaving currently. We aren't signing new APs. This will result in a massive layoff and it will be here before the end of 2022. KB and a whole new ELT do not have any clue on the daily operations.

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Post ID: @1tip+1gnHtoJ3

How long have you been with the company?

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Post ID: @1iyu+1gnHtoJ3

I started in this business in the early 1990's. (I've been gone for 10 years.). I cant tell you how many times I heard the words "renaissance in educational publishing," or "unlimited opportunties because so many people in the world want to learn."

Blah blah blah.

Education in general is a brutal business. There are way...way easier occupation in which to thrive.

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Post ID: @1sxw+1gnHtoJ3

The shift started about three years ago, but didn’t seem to have much impact until June of 2020: https://www.thelayoff.com/t/15tFUUX1

Further losses should not surprise anyone - the wind has changed, from the partners, corporate and the larger online education industry. The “dot.edu” bo-m is over, and the retrenchment/consolidation is likely to be ugly.

We, as a country, have yet to do anything about the looming student debt crisis - apart from point fingers or stick them in our ears, and that’s “super volcano” rumbling under the higher education industry. This is just one of the bigger pre-shocks before the real explosion and subsequent collapse.

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Post ID: @1tdf+1gnHtoJ3

Take this learning opportunity with you, particularly if you plan on migrating back into the higher ed./ online enrollment industry after your stint with Pearson, because managers within this industry will never tell you eye-to-eye.....this industry will never be a sustainable industry that gives employees long-term security, ever. This category of work is to be always considered a "stepping stone" job, not a career. Pearson is like a venture capitalist firm, and this venture failed IMO because the British did not have fait in the leadership team to sustain the ASU contract for proper growth. Second, learn from this experience in a business-minded sense, and remember what you observed at Pearson/Chandler. This was observably the worst execution of leadership/management I have ever witnessed in 25 years of my professional experience. I was embarrassed of the practices the leadership took on during my time there. Failed leadership in the overall enterprise day-to-day, followed by horrid alignment prioritizing within all business units and departments, leading to the absence of proper culture building/identity of the unit, failure to establish an exact learning & development team, and holistic goal sets, ending with employees who did not understand how optimize and increase their acumen to prove to the British and perhaps ASU that the contract was worth keeping a little longer. The painting was on the wall years ago-- that the ASU contract was destined to doom-- nepotism leading to unqualified managers and directors, entire leadership teams being fired, professionally immature partner managers/directors losing the WP Carey programs, EA's stealing leads that applied prior to discovery leaving more work on the table for the workforce, incompetent employees being promoted leaving behind 300+ viable leads that hadn't been contacted, to having a prom day dress-up (WTF) for the business unit during a time in which the numbers sucked for the upcoming start. What company does this??? One that is destined doom because of lack of managerial talent. The last learning element I leave you is this--- when you hear of, in this business, the creation of "re-engagement teams" being created, start your exit, as it has been THE common detrimental dominator in this industry for decades that's results in impending layoffs, just ask UOP, Everest, EDMC, Hotchalk. ASU was the best online product to come out of AZ (ever) and the industry as a whole-- due to the 200+ online programs being offered to the world--and leadership in that building on Ray failed to protect that contract for a little longer.

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Post ID: @bzf+1gnHtoJ3

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