The Cengage show is over, thank you for attending, ladies and gentlemen. Time to turn our minds to other matters and for those remaining at Cengage to begin whipping those resumes into shape! You will know it is time to peek in here again... — read more 

Wow, glad I’m not in Higher Ed or Skills.

From a previous thread. This is accurate: The entire plan has always been to move to digital which will allow CL to gut its sales force and support infrastructure. Cengage's revenue will continue to decline. Notice there is no talk about growth in... — read more 

MH is telling the investors that despite the revenue miss of 11%, Cengage will still deliver projected profits through continued job cuts in the 2nd half of the fiscal year.

I’ve read several posts stating there is an outlined plan for layoffs, transcripts of investor calls, etc. I’d like to review the data and try to put some things together. If you can help, please do.

I have heard rumors that there will be another wave of lay offs before Thanksgiving break. Can any one confirm? Will it hit sales again or will it focus on sales support, customer service, marketing, etc..?

Or were they? Anyone aware of losses from the field, or were they spared? What about the person whose entire team (less 2) + manager was slated for an HR call? Was that an inside team that was being spoken of? Is this thing over yet or is... — read more 

Feeling frustrated and angry over the job loss situation at Cengage? Want to give Michael Hanson and others on the management side a piece of your mind? Just feel like venting or sharing? This here's the place. It is true, Hanson's job is... — read more 

Full stop

bumping up from a previous post INTERNAL "Red Flag" INFO CENTER This discussion thread is intended to serve as a "red flag" center for any/all updates surrounding layoff activities. Let us try to keep each other informed and forewarned as... — read more 

It's going to be a big one.

Friday, 15 November, 8:30 a.m.

They definitely are waiting until the end of the sales season before laying off sales people. This is from an inside source. I really don’t know how reliable is this “inside source” that @11O5rRGP-1fbc claims to have, but this turn of events... — read more 

I do not think we are going to hear of massive losses on the next Cengage investor call. Rather, I am pretty sure this has been the plan all along. In August, during the last investor call, they reported stable to moderately down revenues. And... — read more 

https://www.insidehighered.com/digital-learning/article/2019/11/04/window-opportunity-alternative-textbook-providers

It was held on November 8th last year, and they haven't announced a date yet.

. . get to sit on pins & needles for another few weeks. That's great - now get out there and close some more CU units! We need everyone on campus! Sell! Sell! Sell! My bet is the week of 11/18 . . .

Advice bits from one who went through this ... The totality of severance will likely not be enough to get you by until you find a replacement gig. It is different for every individual, as the OP suggests. Be sure to ask for specifics - and write... — read more 

I’ve heard a lot of rumors the last 2 days about a QA reorg coming. Has anyone else heard about this?

Will there be more layoffs?

I haven’t heard anything yet, but waiting for the shoe to drop. There are lots of rumors in mason but not sure what to believe.

Any word when the illustrious and virtuous RVP’s get the axe along with their loyal and enigmatic DM’s? ;)

Officially the offices in NY and Monterey, CA closing

I’m really hunting for experiences of people that have been let go already. I know that p[people have different needs and different spending habits, but in normal circumstances is the severance package something that can realistically sustain you... — read more 

Is it HR, upper management, someone else? I can't imagine that middle management would have a say. Even some upper management has been let go. Who decides who stays and goes?

What is the severance package being offered? Is the job placement resources worth a damn? How deep will these go?

There was a thread here, I don’t see it anymore. Is the company controlling this site?

I know there'll be more layoffs today, but what about the rest of the week? How long do they plan to drag this out?

I'm always seeing news articles about company layoffs but for some reason not these.

Literally all of the people that I’ve seen being laid off recently are older, long-time employees and I don’t think that that pattern is going to change any time soon. They aren’t even trying to mask that fact. Are our Age discrimination laws... — read more 

This discussion thread is intended to serve as a "red flag" center for any/all updates surrounding layoff activities. Let us try to keep each other informed and forewarned as much as possible. For outsiders: I would respectfully ask that you... — read more 

I've read speculation that it starts today.

The cuts, now or post merger would be occurring to eliminate role duplication. Now enhances the liquidity of Cengage going into the merger with a clear consolidation of efforts post merger allieving the burden the pre-merger cuts create. Specialist... — read more 

Wondering if the disclosed financial situation threatens the merger. Seems like a company that's merging that has a lower performance than expected prior to an announced merger loses its position in the deal. A stock swap or whatever is not as... — read more 

Usually Hanson enjoys letting large numbers of people go and then having his henchmen FB, GM, etc... call late day 'Town Hall' meetings to explain some sort of business reason why a large number of people were let go. This is the first time in the... — read more 

From @11GJCEcI-1loa All that was announced at the Town Hall was that layoffs would begin "ASAP." They offered nothing in the way of specifics - which departments, who first, how many, etc. Most companies try to complete layoffs very early in the... — read more