https://www.prnewswire.com/news-releases/cengage-group-named-a-best-place-to-work-in-2024-by-the-glassdoor-employees-choice-awards-302031225.html#:~:text=BOSTON%2C%20Jan.,4.3%20out%20of%205%20rating.
I'm looking forward to layoffs
Too much has changed here and not for the better. I'm now hoping that the next round of layoffs will include my name so I can leave and have some money to get me through the job search process. I know I could leave on my own but why leave good money... — read more
Announcement
Greetings, I have completed crafting a new credo and am preparing some exciting announcements. According to our latest loss statement, we are on track to deliver everything we promised to our investors. If you think your job is safe - you're... — read more
Where is IPS?
Did they get doxxed or something?
Do you still like your job at Cengage?
I despise everything about the company. My job, my manager, the backstabbing people I work with, the political culture, everything. I know I can't be the only one who feels this way. Cengage has changed so much in the last few years that it's... — read more
Any predictions for this week's first Friday?
I'm sure gratitude will be involved and transparency to.
Any Updates on Layoffs?
Usually they do a big round before Thanksgiving, any news out there?
Inspired Leadership
Since joining Cengage Group 11 years ago, one of my priorities has been cultivating our company culture in partnership with our 4500+ global employees. We have collective ownership of the culture we have built together – one that emphasizes... — read more
Did sales get gutted?
Where is sales? Boston? IPS tell us what happened now full stop!!!!!
Cengage secrets?
What sort of Cengage SECRETS are there? What do they not want you to know?
Is it me or…..
Am I imagining that comments are being removed periodically? Is this Glassdoor all over again?
Will Cengage enforce it's non-compete clause?
I'm actively applying for jobs at other EdTech companies because of the Project Horizon mess. Has anyone ever heard of Cengage enforcing its non-compete clause? One application asked me to submit a copy of the non-compete clause so that got me... — read more
What does a Cengage severance package typically look like?
Not the agreement, but what's in the package itself. Anecdotes anyone is willing to share are appreciated.
From Our Dear Leader
"I firmly believe that we have the potential to be the greatest company that changes the lives of millions of people." Full stop!
Does anyone know what the severance contract they have you sign includes?
I’m specifically curious if they forbid you to talk about the company negatively as that will be hard lol. Thanks.
What Happens Now (Historical Perspective)
Greetings, I'm sure many feel excited and nervous about becoming their own CEO over the past few days. I want to share a business update to provide historical insight about what will likely happen over the next six to twelve weeks. There will be... — read more
Important Business Update to Share
Greetings, I know many are feeling anxious after today's exciting news. I want to reiterate that Cengage will still pay its Class A investors a 16% dividend this quarter. In addition, I am not being deported. We must continue to lead through... — read more
Project Horizon
The culling has begun....
Cengage Beats the Market!
Greetings. It's a well-known fact that Cengage Unlimited has been an unmitigated success. While we have continued transforming the EdTech space, most of the "competition" has yet to formulate a plan to catch up. Cengage is the undisputed leader of... — read more
5m Rebranding Campaign to be Announced
Greetings, In today's fast-paced world of Ed-Tech, Cengage needs to remain the leader. While Cengage Unlimited has proven to be the clear standout in a crowded field of learning tools, we must provide the necessary resources to stay a transitional... — read more
First Friday
They all but announce reorgs in product development and sales and all anyone can talk about is Slack going away. Great job by the corporate comms team structuring that one!
Using Hold the Line as opening song for FF was a choice
Once again, those on high decide to look at dollars only instead of the ACTUAL cost of getting rid of Slack and Zoom, information will be forever lost, and how much time will need needed to adjust to change which is also money a nd downtime lost... — read more
Layoff planning today in not closed Boston.
Meetings in the open office space. US Higher Ed Production, Sales, IT. Very not discreet, anyone in today could hear it.
Q2 Ending in Four Days - Predictions
Greetings, The third quarter ends on September 30th. Last year, Cengage lost approximately 100M in cash (348 - 244) and added about 80M in liabilities (debt). My predictions and reasoning, based on publicly available information: Cengage will... — read more
How will the spoils be divvyed?
IPs and others what do you think will happen to the Cengage Children, like MiLady and Gale? Who will gobble up National Goegraphic?
An Open Letter to Cengage Employees
Greetings, The last few months have been a trying time for all of us. Although we still feel the ripple effect of the lingering impact of COVID-19 and the anti-education policies of the previous administration, our business is sound. Several years... — read more
Boston Office Closing
Greetings, I was reviewing the latest report, and Boston is, indeed, closing, and Mason, OH will become the center of the Unlimited Reich. I'm not sure how we all missed this, as it's in the report in black and white. It seems as though the Axis of... — read more
Is IPS Cengage Management?
I'm starting to think IPS is a member of management because they make predictions that always come true. If not, maybe MH should invite IPS in to consult with the situation. I hope IPS isn't here to get us all fired.
Are you that worried?
Seems like it’s the same people who are always worried about layoffs. Other people think upcoming changes won’t affect their world. Why or why not are you worried this time?
First Friday - Project Horizon
What are you thoughts on First Friday today? People were asking tough questions in Slack. I doubt we will get answers. I will be prepping my resume this weekend.
What is Cengage's current severance package?
As of February 2023, a National Labor Relations Board decision prohibits employers from requiring laid off workers to keep confidential both the terms of their severance agreement and the terms and conditions of their job (which includes wages... — read more
What is next on the project horizon?
Is Cengage sun setting? Will the demand to increase revenuein every department lead to a pay cut for the c suite? hahaha transparency
Just yikes!
Cengage is doomed after todays email. We’re toast.
IPS-Can you break down the latest QTR report?
Lots of talk about growth, de-leveraging, etc but then still a $35mm loss due to debt servicing.
Does anyone still work here?
I can't imagine waking up every morning and having any dignity or self respect knowing I work at the Cengage...
I don't believe that this disaster can be corrected
This company has been in a death spiral since July 7th 2007 when new "leadership" took over after the sale to private "equity". A lot of great work went into this brand and publisher from the early 60's to 2007, a lot of great people, mentors... — read more
Q4 Financials
Greetings, The much anticipated Q4 financials are here. Looking at the slide deck vs. the actual filing shows the brilliance and skill of the Cenforce leadership, as digital sales are up and growth is strong. The efforts being made by the combined... — read more