What's that? Ah Layoffs? Don't talk about Layoffs? You kidding me? Layoffs? I just hope we can win a game!
12 replies (most recent on top)
The majority of leaders at Pearson have vaginas. Please don't bring that s-xist cr-p here. The industry is like nursing...
And seriously - why do we keep hiring terrible leadership??! Never ends.
You did it to yourselves.
You allowed leaders whose only focus was to move jobs offshore ( and kept offshore teams idle just to keep them on the books ).
You accepted skirt chasers as leaders.
You tolerated cliques that treated high performers as the bad guys and harassed them till they left.
It was all good as long as you got your own career going.
Now it's all coming back.
Get ready to be owned by an offshore company and go into maintenance mode for ever.
Its clear Pearson can’t compete and win any longer. We have lost too many good people on the product and sales side and our products are too complicated and we can’t or don’t have the desire to fix them. Most of all we lack the desire to win because management has ki---d the culture at Pearson.
They should have taken the offer to sell. I guess I should be glad they didn't but if you think about it, it makes sense.
"Next May huge layoffs in higher ed is what I’m hearing. Also I heard there is some second guessing if they should have taken the offer to sell Pearson."
What higher ed. I heard they are downsized to like 1 floor of people.
Next May huge layoffs in higher ed is what I’m hearing. Also I heard there is some second guessing if they should have taken the offer to sell Pearson.
@anonymous Higher Ed courseware developed by late-stage capitalist shithole corporations is a dumpster fire. Fixed that for you.
But but. I thought there was a huge global demand for education. All the smart people in publishing said this to be true. So I believed it.
Not to be too callous about it, but you should expect layoffs, business unit sales/spin-offs, and office closures at any time. Having watched for a while now, expect more “whole group” cuts than “weeding.”
In North America, Higher Ed Courseware is a pretty obvious dumpster fire, as far as value to the corporation is concerned, and POLS is starting to smoke - any rise in interest rates “destroys demand” for higher ed student loans - and thus enrollments, especially in an economic downturn. PVS is OK-ish for now, but could also be an attractive acquisition target. There will also be acquisitions (in some cases, re-acquisitions) of smaller operations that fill gaps that prior leadership either created or just ignored.
More international units are likely to be sold off or shut down as global trade slows and developing country governments divert more and more of their budgets to defense and hyperinflating foodstuffs.
There have been some rumors so I have to check.