Pearson PLC Layoffs

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Topics regarding layoffs at Pearson PLC

Another round of layoffs coming.

Fallon announced plans for more layoffs at the AGM today. Thousands of people already have, and will continue to lose their jobs under his leadership and this idiot doesn't have the decency to decline a very undeserved salary increase.
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2084 views | 13 replies (last )

More Layoffs in May?

Are more layoffs coming in May? Or is Fallon done for now until 1st quarter next year?
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1391 views | 3 replies (last )

US Highered Sales Goals

Does anyone else find it ironic that US upper management DEMANDS that all business be closed out in OneCRM (and also provides gift incentives to do this), yet they will not provide 2017 sales goals to the reps for another few months?? They do this... read more
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1529 views | 9 replies (last )

Pearson Being Sued For Over-Optimistic Forecasts

I just learned that some shareholders are planning to sue for over-optimistic forecasts by Fallon and his leadership team. Nearly every forecast they have put out has been delusional. They are either intentionally misleading shareholders or they are... read more
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1293 views | 1 reply ()

March 1-3, 2017

I don't know how many people were let go this week. I do know that most were over 40; probably over 50. I do know that many were top performers exceeding their goals year after year. I do know that some people were placed in new positions while... read more
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2747 views | 12 replies (last )

Boston Town Hall

Senior management has no answers or solutions. Serious tech players are fleeing, dead wood are clueless. 2018 looking worse than 2017.
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1805 views | 8 replies (last )

More drama

Oracle soap opera (and sales of software to Pearson): During Oracle's fiscal 2014 (which ended May 31, 2014), Wilson sold Oracle enterprise software to media and education company Pearson, resulting in $10,456,055.14 in revenue. At that point in... read more
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1068 views | no replies

4000 more layoffs

Restructuring includes "cutting 4,000 jobs, about 10% of its global workforce, as well as other steps to bring its overhead and expenses lower...." ...Pearson is undergoing its second restructuring since 2012 with this latest announcement, and... read more
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1326 views | 1 reply ()

Fallon Insisting He Will Not Quit as CEO

quote: Despite admitting he had not foreseen declines in college enrolment and the knock-on impact that would have on revenues in the US, Mr Fallon insisted he would not quit as chief executive. He said: “I absolutely acknowledge we got two big calls... read more
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1254 views | 4 replies (last )

Goodbye, old Pearson

This does not bode well for the long-term outlook of this company. Senior managers couldn't have seen rental and lower enrollments coming? Most people close to schools saw these metrics. Hopefully a new leader can salvage this company from being... read more
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1144 views | 1 reply ()

Layoffs coming for North America Higher Ed Services

This seemed to escape most people's attention just before the holidays. There is a top-down reorg affecting the NA Higher Ed Services division. Simplification is mentioned 3 times in the announcement, and that "the efficiencies it will drive, will... read more
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1550 views | 2 replies (last )

The skills you'll gain...

Your final point is the most troubling: The skills you'll gain... Pearson skill sets develop and foster essentially over-qualified, and exceptionally talented copy-paste technicians and administrative button pushers-I know, I am one now. Then what to... read more
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1062 views | 1 reply ()

Pearson’s Bet on Common Core Fails to Pay Off

Big education company miscalculated in its investment in a digital curriculum Pearson PLC, the world’s largest education company, made a major miscalculation on the Common Core academic standards, expecting a windfall that failed to materialize as it... read more
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1164 views | 3 replies (last )

More Layoffs Reported

Fallon is "getting Pearson growing again" by conducting yet another rounds of layoffs before the end of the year. Cuts started this week.
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1098 views | 2 replies (last )

Pearson Shares Tumble 10% as Sales Slide

The full extent of the difficulties Pearson is facing following the sale of the Financial Times to focus on education has been laid bare, as jittery investors sent its share price tumbling 10% after the company reported worse than expected sales... read more
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1231 views | 5 replies (last )

Pearson Aims to Become the 'Netflix of Education'

Company wants a single platform offering all forms of education content Education provider Pearson is aiming to become the 'Netflix of education', according to Albert Hitchcock (pictured), the firm's chief technology and chief operating officer... read more
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2406 views | 7 replies (last )

Next year is going to be...

I’ve been working here for 3 years and all I’m hearing is “next year is going to be better”. Guess what, re-branding and layoffs at the bottom of the food chain are not the type of reorganization we need to make things better. Pearson is heavy from... read more
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1957 views | 2 replies (last )

Blind leading the blind

Senior management book people who have no clue about technology, trying to run a technology company. Country club for managers with no accountability. Office politics and scapegoating anyone attempting to improve or change things for the better as... read more
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1452 views | 1 reply ()

Cons:

*Really bad upper management. I mean really bad. An SVP was recently asked about our group's mobile strategy and had no answer. *In my group, no one in upper management, expect maybe the Managing Director, seems to have any quantitative aptitude... read more
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1592 views | 6 replies (last )

Pearson to Lay Off Hundreds in Austin

Jul 17, 2015 Testing service provider Pearson will lay off hundreds of employees, the majority of them based in the Austin area, according to the Austin-American Statesman. According to the report, company officials confirmed with the newspaper that... read more
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1019 views | no replies

Enjoy your holiday!

How many people did Pearson have to lay off to afford taking a large group to the Four Seasons in Whistler, Canada?
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1496 views | 4 replies (last )

Along Comes Amazon

Just ahead of the back-to-school season, Amazon plans to make a major foray into the education technology market for primary and secondary schools, a territory that Apple, Google and Microsoft have heavily staked out. Monday morning, Amazon said that... read more
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1180 views | 1 reply ()

Pearson’s History of Testing Problems — A List

"Here’s a list of problems that Pearson, the world’s largest education company, have encountered with its standardized testing business in the United States over the years. It was collected by the nonprofit National Center for Fair and Open Testing... read more
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1308 views | 1 reply ()

April 29th Stockholder's Meeting

Pearson (Mis)Education, the British-based global “education” publishers reported a net profit increased in 2015, but that was because it sold off assets including of the Financial Times and The Economist. It was also forced to eliminate 4,000 jobs... read more
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1421 views | 2 replies (last )

Pearson Layoffs Continued into March 2016

Month old news but thought I would share as I can't recall reading it up here. Sack Fallon and all the other empty suits (with outlandish salaries) including those in the USA (Kilburn, Bozik etc): More Layoffs at Pearson March 19, 2014 Pearson, the... read more
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1441 views | no replies

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