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Cengage Group is an American educational content, technology, and services company for higher education, K–12, professional, and library markets. It operates in more than 20 countries around the world.
Michael Ekkehard Hansen is a German lawyer who is the chief executive officer of Cengage Learning. [1] [2] Hansen specialises in the evolution of the educational publishing industry, especially the transition the industry is making from print to digital and the development of new digital product lines. [1] [3]
A layoff [1] or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) [2] for business reasons, such as personnel management or downsizing an organization.
The B2B publishing group, which features such titles as American Banker, National Mortgage News, and The Bond Buyer, was renamed SourceMedia. In 2005, Thomson acquired medical education company Physicians World. [20] In October 2006, the company confirmed it would sell the Thomson Learning market group in three parts.
Articles related to Cengage Learning, which was known as Thomson Learning before two other parts were split off by Thomson Corporation then this part — the publishing arm — was sold by Thomson Corporation to Apax Partners and OMERS in 2007.
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Walt Disney Co. Disney plans to lay off 7,000 employees, CEO Bob Iger said during a Feb. 8 earnings call.The cuts amount to a bit more than 3% of the company's global workforce of 220,000 as of Oct. 1