Industry and company in a slow death spiral - Recensione dipendente - Dipendente anonimo presso Cengage

The library industry is slowly dying. While all of the Big 3 library vendors have their troubles, Gale is by far the worst off with poorly performing products and a shrinking market share. Add to that the fact that most libraries are cutting their budgets every year and you have a very unstable company with little chance to grow or even become stable again. As an employee, you can expect to face massive layoffs every year to make up for the revenue lost. I have had to say goodbye to high performing colleagues each year whose jobs were eliminated for no reason other than they had larger salaries than most. Those who do survive the layoffs have very little chance for advancement. The only way to advance is to try and politic for the vacancy left by the latest senior leader who was fired as a scapegoat to the senior leaders at Cengage. The rest of the employees are left to scramble for merit increases so low that employees' salaries are shrinking every year due to inflation. While the company won't be going away anytime soon, you can count on it shrinking each year as libraries become more irrelevant and management keeps cutting overhead to maintain profitability.