I think the end is near......

"To accelerate document production, the Company has re-organized the project, increased executive-level oversight and assigned an additional approximately 100 employees to the effort." So you wake up one morning and assign 100 ADDITIONAL employees to... — read more 

Recall my famous post about the cash situation? Let me remind you about it from May 10, 2014. http://www.thelayoff.com/corinthian-colleges/post/5471768940642304

Corinthian Colleges (NASDAQ: COCO) has taken a nosedive after it warned investors it may not continue as a 'going concern' if it is unable to bridge a shortfall in cash flow stemming from a federal investigation. Corinthian said its lenders have... — read more 

Compass Point reiterated a Sell rating on Corinthian Colleges (NASDAQ: COCO) and cut its price target to $0.00 (from $0.50). The change reflects new liquidity and regulatory concerns. Analyst Michael Tarkan said, "We are maintaining our Sell rating... — read more 

The company's cash flows will not be sufficient to meet its obligations as they become due if it is unable to find alternative financing, it said. Corinthian shares were halted from trading on Thursday morning. (Reporting by Sagarika Jaisinghani in... — read more 

Corinthian Colleges Faces Liquidity Shortage After U.S. Delays Aid. Government Scrutiny Casts Doubt on For-Profit Education Provider's Ability to Stay in Business.

Rumors about layoffs happening next week. The stock is 0.31 today. I feel for the people who still work there in entry level positions and those trying to support their families. I don't feel for the high upper management....sure they are people and... — read more 

www.ashmead.com

Socle has arrived, the weekly hit the road jack is back. Relentless cuts at Fremont.

When your spokesman is the "Everest guy"...respectable people are shamed into silence. Working at a collections agency or a pay day loan store is more respectable than CCI, by far. The worst part is when enrollment tries to justify their criminal... — read more 

The abuse and threats people receive everyday from bloodthirsty management. On top of that, dealing with the lowest rung of society that makes up the CCI student base. Working there was like working in hell. CCI enrollment managers are THE most vile... — read more 

When are the June layoffs rumored to happened?? They've been hiring more people at Tempe location. I bet the layoffs come in July right after they know they missed their July start goal

So CCI's Socle Education, their technology based Financial Aid, should be up and fully functioning by now. Many employees were severed and left go because the were going to be replaced by this new CCI entity. Are they truly "improving student... — read more 

Look at the long spam post below lol. This is how desperate they are.

The post similar to the annoying everest commercials that you see on TV. I came here for entertainment but have to patiently wait for my window to scroll down for the real show.

Mass layoff's by end of June

Mass layoff's by end of June

While I was working in high school our manager had us look up the percentage of students that were on free or reduced lunch;if the percentage was high then it was considered an "A" school and we were to hit that school right away! Talk about looking... — read more 

When are the next round of lay offs going to happen???

When are the next round of lay offs going to happen???

No flip flops please! Last week while on vacation, I heard that I was out-voted at the Campus Support All-Hands Meeting. As you heard during the meeting, Jack Massimino announced that a casual dress code will be in effect this summer. It’s my job as... — read more 

I would think the campus president has skeletons in his closet like love children running around being part of a religious cult for over a decade...

https://www.youtube.com/watch?v=nZcRU0Op5P4

We will miss you mel!!!!

Why is everyone putting their personal stuff in milk crates?

10 more to go before the correction period begins, and it closing one day above $1 will reset the clock.

My dickin' needz a lickin'!

If you come to thelayoff.com checking, there's your sign.

I was shocked that no one pitched a fit here about the end of tuition reimbursement, 401K match being slashed and the end of anniversary clocks...I guess nothing is a surprise at this point when it comes to cutting costs.

Anyone else not get their paycheck as normal?

If it keeps up the current trend, COCO will close above $1 next week.

The stock price continues to be less then $1. I read somewhere about people watching it for 30 days and if it's under $1 that long something happens....can anyone help me out here?

So what is next

No NOT true. Meep wishing.

Is it true?