Topics regarding layoffs at Cengage

Topics regarding layoffs at Cengage

I’m worried

I have been preparing for the layoffs that will most likely follow and I am actively looking for a new job. The situation is awful and I don't see any reason for optimism. I can’t even get to the interview phase and I’m getting pretty desperate. I... — read more 

80M in losses - cost management front and center

This question is for the business types. Many here see doom and gloom but how many more millions can Cengage lose before it is actually taken seriously? I’m not an expert in taxes or business but obviously there have to be major layoffs, the... — read more 

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| 3660 views | | 14 replies (last February 16, 2021)
Post ID: @OP+19nHo13D

Am I getting laid off?

I’m an AE and feel like I’m on the chopping block. My check went in last night (my bank releases when they get it not when it’s dated) and it’s way more than it should be. We don’t have any incentive or bonus payouts this week to my knowledge. And I... — read more 

Investor Call Predictions

1- CU has been an unmitigated success! Earnings are down but activations are up! Students love saving money with CU! 2- Revenue dropped but cost saving measures will be implemented to offset losses 3- Cengage continues to gain market share... — read more 

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| 1940 views | | 7 replies (last February 11, 2021)
Post ID: @OP+19k76C2K

3/5/2021 - The shoe rumored to drop

On 3/5/21 the rumor is it’s being announced that one of Cengage’s siloed businesses is being sold off to Pearson. I’’ll give you a hint, it’s the only brand actually worth anything.

Does Anyone Remember the Brave SJW Town Hall Incident?

Years ago at a Town Hall a young Editorial SJW asked a question about "Gender/Income Inequality" and "CEO pay". MH calmly listened and then suggested that Cengage was not going to pay more, as were a mission based company intent on saving students... — read more 

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| 2680 views | | 7 replies (last March 1, 2021)
Post ID: @OP+199BaAyG

How do we pull a GameStop on Apax?

So how do we take the inspiration from the Redditors and day traders and apply it to the private equity bottom feeders at Apax? No one deserves to be targeted more than the PE weazels who have personally overseen thousands and thousands of job cuts. — read more 

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| 1331 views | | no replies yet
Post ID: @OP+198NXOGa

WHEN DO YOU THINK CENGAGE FINALLY JUMPED THE SHARK?

Cengage went off the rails for me when I was at a NES and standing in one of the soup lines at lunch in the banquet room after they released Cengage Unlimited. My first thought was Cengage Learning is now a soup kitchen serving all you can eat soup... — read more 

Tips for Negotiating Severance?

Anyone here have any tips for negotiating severance at Cengage? I’ve read articles online about it. I’d like to know what successes people have had negotiating severance agreements at Cengage.

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| 2580 views | | 9 replies (last November 14, 2023)
Post ID: @OP+18TIqY1w

PROJECT VERITAS INFILTRATES TEXTBOOK PUB

Heard a strong rumor that project veritas has been working over a year recording zoom calls, CEO calls etc. Will be releasing big news about price fixing schemes among other pubs, collusion, antitrust violation scams. Copyright / trademark... — read more 

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| 2070 views | | 6 replies (last January 12, 2021)
Post ID: @OP+18SwUFyc

What's the Deal

A recruiter reached out to me about a tech manager job at Cengage. I don't know anyone who works there but based on the Glassdoor reviews it seems like a great place. 4+ star rating, CEO winning awards, good benefits, and so on. As I did more... — read more 

2021 Layoffs?

Thoughts on what might happen next year? Any news on upcoming layoffs or any other news?

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| 4600 views | | 9 replies (last December 19, 2020)
Post ID: @OP+18fDEfYq

Coworkers on edge

What does it say about a company whose employees are always wondering when the next round of layoffs will be or worse - are thankful that another week has gone by without one? I’m noticing how it is affecting the mindset of my colleagues as well as... — read more 

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| 2150 views | | 8 replies (last December 6, 2020)
Post ID: @OP+18cXhGjJ

The Twelve Days of Cengage

To get us all in the mood for the Holiday season! Feel free to change this around. On the first day at Cengage my DM sent to me A 20% paycut for me On the second day at Cengage my DM sent to me Two lost adoptions, and A 20% paycut for... — read more 

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| 1901 views | | 4 replies (last November 21, 2020)
Post ID: @OP+181cctfC

This time last year

Around this time last year Cengage laid off a number of people. Anyone know if there are layoffs coming before the end of the year?

If you are still at Cengage

Things to consider if you’re still there: Your employment is TRANSACTIONAL. The company is paying you for your services. The second the company thinks the transactional nature of your employment is no longer beneficial you will be let go. No... — read more 

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| 1600 views | | 3 replies (last November 19, 2020)
Post ID: @OP+17ZQ8kef

Earnings Call This Week

Is everyone as excited about this week's earnings call as I am? Any guesses on what we will learn? Some guesses are: Cengage Unlimited is an unmitigated success!!! Digital Activations break new record!!!! Cost saving measures will be put into... — read more 

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| 2820 views | | 21 replies (last November 15, 2020)
Post ID: @OP+17RM6fss

Any guesses on what the rest of the year holds?

Anyone know if there are more layoffs coming? If so for which department and when? After the first Friday we seem to be doing a lot better in terms of money. Is this real since Pearson is down almost 15 percent?

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| 2350 views | | 6 replies (last October 29, 2020)
Post ID: @OP+17tk8UZl

First Friday tomorrow

This is to discuss our ‘very severe scenario and cash in the bank target’. Here we go!

Can you tell me when we finally hit the wall?

Some of you have so much butthurt and free time that you're able to write essays projecting your pain and obvious to all of us the final drafts, your 'magnum opus' have been published for free on this site. Let us not forget though, that what's most... — read more 

Things are not okay at Cengage

When a company cannot make payroll and is unable to pay out on last year's bonus plans, that company is in a death spiral. They indicated that the back pay would be made up in October if things went well with fall sales. Has there been any... — read more 

Has employee morale improved?

I've been gone for a few years now. Morale has been pretty low when I was laid off, and while I hope things have improved since then, I highly doubt it. My bet is they're still trying to spin their failed ideas into something positive while getting... — read more 

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| 1423 views | | 4 replies (last September 30, 2020)
Post ID: @OP+17cMX01b

Layoff before December?

So does anyone know if there will be any more layoffs by the end of the year? Currently the job market is over saturated due to millions being out of work so finding something new might take months.

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| 2720 views | | 15 replies (last September 30, 2020)
Post ID: @OP+176XIyyF

First Friday today

With an update on ‘how we are doing against our very severe scenario and cash in the bank target’. This should be interesting!

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| 2200 views | | 15 replies (last September 23, 2020)
Post ID: @OP+170zcJO1

It’s what’s most important

Isn’t it time we come together and share, to honor our differences and reflect upon our sameness? Isn’t it time we gather together as one in our RAV4’s and our soiled personalized hello kitty masks and hold a vigil in honor of our obnoxiousness? ... — read more 

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| 1570 views | | 4 replies (last September 20, 2020)
Post ID: @OP+16XjsRbz

CEO Response of the Day

Thank you for leaving this feedback. It is great to read what is working for you, and where we still have room to improve. I understand that you feel the temporary pay cut was a mistake. In this case, we were planning for the unknown impact of... — read more 

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| 2470 views | | 6 replies (last September 4, 2020)
Post ID: @OP+16LgQhiQ

Glassdoor Response of the Day

Thank you for leaving this feedback. It is great to read what is working for you, and where we still have room to improve. I understand that you feel the temporary pay cut was a mistake. In this case, we were planning for the unknown impact of... — read more 

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| 730 views | | no replies yet
Post ID: @OP+16LkaZMW

Any updates?

Any news about future layoffs? Last I heard is they are looking to let go of some more people after the Fall Rush is over.. don’t take that as a fact just something I heard. Are people going to get their bonus that they worked for? Will we get... — read more 

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| 2110 views | | 7 replies (last September 17, 2020)
Post ID: @OP+16GJCyrp

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