This years bonuses were not paid in the US but were paid in India sending a clear signal of what is to come. Over 50% of US technical staff was laid off in last year's annual blood letting with a high probability of more to come again this year, perfectly timed after everyone works ridiculous hours finishing all the back to school work. Headcount continues to grow in India and even more of our US associates will be on there street after this years annual "event". For a US company, providing educational services to US schools, to prioritize employees in another country is akin to having American flags made in China. If that was not enough; efforts like Texas's Bluebonnet curriculum directly take aim at companies like HMH making their product obsolete. Sad state of affairs for US employees, and US schools.
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@bvw "outlook negative ?"... wow that's an understatement. I'm surprised Jack isn't exclusively being given plastic sporks to prevent self harm.
Worst CTO,the company is doomed, better get out than wait for yet another round of layoffs. People put inn all the effort but credit goes to AI and ofcourse all the folks in India.
The company is in a financially precarious position.
28-Jul-2026 | 11:33 EDT
Research Update: HMH Co. Downgraded To 'CCC+' From 'B-' On Liquidity And Refinancing Risk; Outlook Negative
https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3601573
@1j3 He's the king of all Bull shixxers. No creditability. Just a cheap car salesman with a really bad glamour shot on linkedIn.
Will it be another layoff in June?
Last year there was 1 in June and big one in October, will it be the same this year?
We are working 7 days a week, while CTO pretends that AI is doing all the work... What a con artist.