I was laid off from Pearson in 2022 after 14 years. HR told me it was a cost cutting measure. I got 42 weeks of severance but quickly found a new job at a better company for more money.
The other day, I was doing something at work and happened across a web site called Credly, which gives out digital nonsense, and it said "Credly by Pearson".
Credly was bought by Pearson in 2022, apparently just before I was laid off, for $200 million. In 2021, Credly had $10.7 million in revenue, offices in Manhattan, and over 110 employees, so they were losing money like crazy.
I wonder if I was sacrificed because of the Credly purchase.
I knew Pearson has purchased a lot of dead dogs over the years. Scardino, Fallon, and DJ Andy all used the company cash flow and credit for stupid gambles - and always at the expense of established platforms, retention, and bonuses.
In retrospect, what a mistake it was to work at Pearson. I haven't even thought about Pearson since the severance stopped arriving until I saw that Credly by Pearson site.