Or are they doing it this way to avoid a merger severance?

One thing that is clear to me is that this is not going to stop. Even if you survive these cuts, there are more to come. There is just not enough market demand to support 3 (soon to be 2) giant companies. All the Big 3's revenue has been plummeting... — read more 

Cengage is a complete disgrace.

Does anyone know what was discussed on today's town hall? I didn't get an invite to it –anything ya can share would be great!

No one is immune to vulnerability from a layoff of this magnitude. Regardless of where you are in the organization, please do not fool yourself into believing that you’re immune. The best evidence of this is last year when the San Francisco office... — read more 

Will Gale not be impacted since its a separate business and not tied into the CU mess?

Has anyone heard anything about layoffs for ELT/Nat Geo?

Ok....yes CU is going to torpedo this company and MH has not done anything, but will survive the McCengage merger with a raise and look like a great leader once the layoffs are all done. I'm starting this thread because it's many other things that... — read more 

“Cengage Unlimited is an unqualified success. Let me repeat: Cengage Unlimited is an unqualified success.”

From what I’ve seen and experienced so far at this company, layoffs were rarely conducted in a logical manner or in any pattern that made sense to me. Keeping that in mind, I find it hard to believe what some posters are claiming on other threads:... — read more 

7 years in and what has he accomplished? Year after year of shrinking revenue and losses. He steered the company out of bankruptcy only to pile on more debt. He drove Cengage into the ditch with CU and people are going to lose their livelihood... — read more 

Found out yesterday that layoffs “in the low double digits” will be hitting every segment in the company by early November.

Hearing rumors that there is going to be an announcement Friday about the transition. Does anyone know what its going to be?

I need to reach out to anyone with advice who has information about the climate at Cengage Learning and McGraw-Hill and have been unable to get a straight answer. I've been given a great offer for a district manager position in the western united... — read more 

Heard anything on the Transition Teams go forward post-merger plans?

So I ended up with a 10% increase in CU but flat activations and my overall revenue decreased around 30%? I'm in a Western mountain state. How did everyone else end up?

And the mission is NOT to make as much money as possible....it is to change student outcomes. That’s pretty cool, and it requires a special kind of person to work here. It requires passion and caring for more than just what the profit was last... — read more 

My numbers are pretty much in and cu is up 25% but overall revenue is down 30% in my territory. Anyone else seeing the same?

Just for fun, I went back and looked at the company's revenue going back to 2016: 2016: $1.656B 2017: $1.474B 2018: $1.467B 2019: $1.460B That's a decline every year, and a 13% decline from 2016 - 2019. Also, the company recorded a net loss... — read more 

Thinking back....remember when Michael's handpicked product chief boasted that we were going to "delight the student"? That MindTap was going to offer so much value that students would be throwing money at us because they couldn't do without it... — read more 

When will layoffs begin? Why was the NES pushed out to February?

I now work for a competitor. CU is a joke. It never comes up in competitive sales situations, because faculty see right through it: a cheap money-grab that ends up with students paying $120 for access to an eBook! Normal eBooks are about $40, and... — read more 

Bankruptcy or the merger?

CU units are higher but in direct correlation revenue is down for my territory. go figure,

"Thank you for your service during the past 5+ years. I agree, we do have many extremely passionate people who work at Cengage and do amazing things for students, globally, every day. As we continue to make changes to transform our company and... — read more 

I am a good and loyal Cengage employee. I choose a smaller salary because I want to save students money and improve their outcomes. I live and breathe the Credo. I put work in during nights and weekends because my team has shrunk. I am passionate... — read more 

From a review... "Employees are "encouraged" to give good reviews to balance out the bad, especially just before CEO is announced as Glassdoor's Employees' Choice Award and being named Best Places to Work. Both are far from accurate."

Layoffs are uncommon at Cengage!?! Completely false. Endless layoffs have been the norm at Cengage ever since Hansen took over. He is the angel of death.

Q1 earnings were a disaster as predicted. Dig through all the nonsense in the earnings call deck and you'll find the company lost $65 million for the quarter. Far more alarming is the amount of cash Cengage is burning through. The company has $170... — read more 

Cengage has some great content but the problem is the online platforms are kind of stuck in 2005. SAM was always a cash cow because it did what it did better than anything else at the time and back when it started most of the A+/MCSE post recession... — read more 

I wonder what litany of excuses Michael will use to explain away what is sure to be yet another money losing quarter? Timing of purchases? Shift to digital? Piracy? Declining enrollment? But don't worry children, Cengage Unlimited is an unqualified... — read more 

Uh oh, looks like the McCengage mass higher ed toxic pollutant may get banned via the Feds... Dark days for fearless leader https://www.insidehighered.com/digital-learning/article/2019/07/30/cengage-and-mcgraw-hill-merger-faces-growing-opposition

Okay what’s the word on who is staying/going when McCengage is official? Other than hearing Cengage Westerners needing to start looking how is sales going to land? Will DoS still be around or SVP? Will one of those be collapsed? KAMs? Inside sales... — read more 

"The payscale has absolutely no transparency (even my supervisor doesn’t know what the pay range of my position is, let alone me), and raises, which have been capped at 1% a year for at least the last five years, were cut to 0.5% this year. (2019)... — read more 

https://www.bizjournals.com/boston/news/2019/07/10/global-edtech-firm-cengage-graduates-to-new.html#g/456789/4

I know it's been super tight lipped lately. Has anyone seen fallout from authors experiencing revenue drop from CU implementation?

I've been at this a long time, trust me these companies don't have to offer any severance, in fact most likely you will not see a severance since this isn't a simple layoff, this is classified as a merger. Nowhere in any labor law does it state... — read more 

https://blog.cengage.com/cengage-boston-has-a-new-home-in-the-hub/ How does everyone in Mason, Clifton Park and Farmington Hills feel about the free gym, beer tap, wine fridge and snacks? We’re not getting too many PERKS, PERKS, PERKS! out here in... — read more 

https://www.edsurge.com/news/2019-07-02-mcgraw-hill-chief-financial-officer-mike-evans-resigns

I'm a manager for a uniform company in Chicago and manage several hundred reps. I'm being recruited by mcgraw hill and cengage learning and I find it odd they would reach out to me. I have no experience in software or books and even brought this up... — read more