Thread regarding Cengage layoffs

FLYWHEELS!

Meeting Summary:

The "All" "Hands" gaslighting festival in full force today.

Disregard how this company and its leadership is objectively and universally despised by its workforce, customers and students; those feelings are invalidated because Cengage has SEVEN PERCENT EBITDA.

According to MH, "REVENUE GROWTH" is the only marker of a healthy company. Not culture -- REVENUE. Just ignore the incongruency here that everyone on staff is looking for a way out and/or laid off; we are healthy because we now churn more cash to service our debt! F your feelings.

A group of complete Chuds tossing around buzzwords and saying nothing.
Max comedy.

An audience of 1: Wall Street backslash Apollo.


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| 181 views | | 11 replies (last September 29) | Reply
Post ID: @OP+1m3cgx18q

11 replies (most recent on top)

"It's possible that they are trying to get as many paychecks as they can before it's all over."

POSSIBLE? Dude, it's what they've been doing for twelve years, now!

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Post ID: @sf+1m3cgx18q

@qg yup, that's why the layoffs are being implemented in batches throughout the year. I can't believe some people on my team still aren't acknowledging what's going on. It's possible that they are trying to get as many paychecks as they can before it's all over.

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Post ID: @qj+1m3cgx18q

@qb lots of people are being used right now- so they can know just enough of what and how to do that job after they fire them.

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Post ID: @qg+1m3cgx18q

@qa Partly correct.... I guess.
Barbwire was promoted to her role when ER moved to SVP/General Manager, so Barbwire was promoted to her current role by, ER and NK. But when she was first hired at Cengage it was KS and ER she followed here from Pearson.

MH - Hates her. she should be gone soon. Not sure what she has done to gold in this long, except SW is clueless and must need her guidance.

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Post ID: @qb+1m3cgx18q

@q8 Barbwire bc she’s not an NK hire. Until all the non NK hires are gone he is safe as that’s his excuse is that these aren’t his people.

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Post ID: @qa+1m3cgx18q

@q0 I see you are Still feeling a bit Salty.... FMLA is good but no need to take it right now. You may miss this Executive Team train wreck. The Executive Team can't hide the NUMBERS much longer, Can't wait to see them. Which person on the Executive Team will get the AXE? Somebody is leaving soon. Will it be NK - (MENOSELL) ? or Barbwire?

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Post ID: @q8+1m3cgx18q

@a4 better idea is to take FMLA. 12 week vacation.

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Post ID: @q0+1m3cgx18q

5% is what they said publicly.... increases have been much higher. Just ask Pookie and Ray-Ray

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Post ID: @ax+1m3cgx18q

After years of falsely propping up the company with 5% prices hikes on every line item across the board - we are selling way less but let’s celebrate

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Post ID: @a6+1m3cgx18q

KT in HR is proving the Theory to be spot on! She was hired by the Apollo team to babysit MH and NK. When she is present Mh and NK whole demeanor changes. You can tell they fear her or at least fear what she may tell the Apollo guys. She has their manhood in a tight grip.

I recall 2 years ago when NK told some of us privately that Apollo investment was very bad! for us Looks like he was spot on.

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Post ID: @a5+1m3cgx18q

Everyone take a week of vacation in October and then take the 3 days before Thanksgiving. Get your requests in... That's what ambition looks like.

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Post ID: @a4+1m3cgx18q

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