They definitely are waiting until the end of the sales season before laying off sales people. This is from an inside source.
I really don’t know how reliable is this “inside source” that @11O5rRGP-1fbc claims to have, but this turn of events certainly seems plausible to me. Thoughts?
All Cengage employees need to be actively looking and applying for jobs NOW. Do not wait until you get the axe!!
FTFY
All sales reps need to be actively looking and applying for jobs NOW. Do not wait until you get the axe!!
The merger's going through. A bunch of angry community college professors aren't going to stop it.
Yes, what HE said. Hanson shared the plan on this and yes - IF that merger goes through there are plans for three straight years of layoffs and reductions (more offices closing, etc.), each one bigger than the prior one was.
This year isn't a part of that plan, these are just bonus job losses.
Interestingly, Hanson's plan calls for a "Day Zero" plan - meaning that the first round of post-merger layoffs happen just before the day that the merger takes effect. Apparently he wants to step into Day One with that first round of let-go's completed and start off fresh. They already know who these laid-off people will be. That was one of the jobs of these transition committees. They have assembled their lists, the approvals have apparently taken place, and now it's just a matter of waiting for an official "okay" on the merger
It's going to be an interesting and entertaining few years, that's for sure.
Buddy, there are going to be ongoing layoffs for at least the next year. Just wait until the merger is closed. This round of cuts will have looked like a walk in the park.