2.0
Feb 5, 2015
Recommend
CEO approval
Business Outlook
Pros
The company seems to be making an attempt to respond to the marketplace and its competitors, even if they are attempting economies of scale that may not pan out.
Cons
There is a large break with the past. Recent layoffs have been kind of like Logan's Run, in that many longstanding employees are being cut instead of retrained. This has reduced institutional memory and created a young workforce that is going to be having a baby boom in 2025 as they all reach their mid-thirties. They are heavily relying on outsourcing almost all activities now, including sending copy editing to India. The cost savings is significant, but the product suffers.