Anyone have any ideas how the K-12 side of things (NGL) will be handled?
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MH is the definition of a coastal elite who despises flyover country. He has came out to Farmington Hills exactly once for a town hall (right after he took over in 2012) and didn't even bother stopping into the office -- he went straight from the conference center to the airport. He will use this opportunity to consolidate McCengage into a coastal company and nuke the midwest offices.
I see Mason surviving there are some heavy hitters out there. Although power had really shifted from Boston to SF over the past few years and SF is gone so anything could happen.
The Boston office will remain but I would be nervous if I were in any of the more rural areas. With all the outsourcing scheduled for Q4 it's going to be a bloodbath.
Clifton Park's half of what it once was as well. The huge stairway of death is a stark reminder of that.
Half of the FH building is already rented to outside tenants. Dead man walking.
FH property is only one owned by CL- so a prime property to place on the market to generate much needed cash, in addition to the sale of Gale. Delmar will also be sold. CP shuttered. If you aren’t in a big city and have a consulting background start looking. Mason employees will move to NKY - the ones retained. NKY safe due to the warehouse facilities.
I think Gale will be sold off. It’s always been a problem child financially and doesn’t fit with the rest of the business. They tried merging Gale with the higher ed business once already and it was a complete disaster.
If they try to close Farmington Hills, there will be no more Gale. I can imagine other paths, but not that one.
I can only guess, but given MGH's large K12 presence, I would imagine that NGL will be folded into MGH's unit in Columbus. I predict the same fate for Gale....they'll be absorbed into either the professional or K12 group, and the Farmington Hills office will be closed. MGH's Columbus office will probably end up absorbing all of Cengage's Michigan and Ohio offices.