Never-ending layoffs/offshoring, profit more important than people - Anonymous employee Cengage Employee Review

The layoffs are endless, The most recent of which occurred after Cengage accepted money from a private equity firm with a "ruthless" reputation. I understand that layoffs are necessary when a company is not doing well financially, but we're currently doing great as a company and layoffs still occur. Recently, many production/editorial jobs were sent to India where labor is cheap. People, with decades of experience at Cengage, were fired, and the decision to do so was called an "efficiency" by upper management. Shipping jobs to an office halfway around the world is the exact opposite of efficient. To make matters worse, the CEO is constantly talking about our "values" and our "credo" and how much he cares about the "employee experience." You can't offshore jobs one minute and then get on some sort of moral high horse the next. And don't tell me that everyone else is doing it, so we should to. That's not an excuse. Cengage wants so badly for the world to think it's a great company, so it can attract talented people, talent that will only be disposed of at a later date. So, yes, take a job at Cengage, as long as you realize you could be laid off at any moment.