The three new VPs let everyone know that their jobs have been eliminated and they will get a call from HR by tomorrow with their severance package. New jobs will be posted on Monday. No word on how many spots but it will be fewer. We are free to apply or not. Everyone's last day is May 1.
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Has anyone heard anything?
I’ve never seen a company restructure and downsize 7 years in a row with absolutely zero success and still not have a clue as to how to turn the company around. It’s quite amazing.
3 VPs; AG (it was assumed DB would be in that spot). AJ and MH. RM got the marketing VP role.
In which group? What are the initials of the 3 VPs?
The people that got laid off will eventually say that it was the best thing to ever happen to them, guaranteed. The company has been in a constant state of layoffs for years with absolutely no plan to recover. Are they really going all-in on the higher ed textbook/digital market or is that the only piece of the business they havent found someone dumb enough to buy yet?
This is awful. So have all the product marketers been offered severance?