Topics regarding layoffs at Corinthian Colleges Inc.

Topics regarding layoffs at Corinthian Colleges Inc.

Friday posts

WTF happened to Friday etc posts!

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| 560 views | | 3 replies (last September 29, 2014)
Post ID: @OP+xPwoCMT

Instructors

Is anyone having an issue with Gradebook going down every third or fourth entry? I'm having a hard time getting my work completed if the system crashes this often. This has been going on the last few weeks. Has anyone else had similar issues?

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| 420 views | | 7 replies (last September 29, 2014)
Post ID: @OP+xOTsZeF

Wow - I cant believe it

My post from yesterday has been deleted. Who runs this and why would you delete any post? I have seen some mean and crazy stuff here so wondering why this happened????

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| 540 views | | 13 replies (last September 29, 2014)
Post ID: @OP+xO3b0Iz

Read the new 8k filing, but still confused...

So, with the recent 8k filing, I get that the 2nd amendment means that BOA has agreed to be a lender to CCI, but for how much? And why does the bank agreeing to lend to CCI mean that CCI can keep getting Title IV funds? This is a serious question... — read more 

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| 730 views | | 11 replies (last September 29, 2014)
Post ID: @OP+xOLcIxI

We are here for...

Socle. All of the bailouts, extensions , etc are fir Socle plain and simple. They need to keep cci in existence long enough for Socle to stand on its own two feet. They will do whatever they can to feed this baby. Once they are done squeezing blood... — read more 

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| 500 views | | 9 replies (last September 29, 2014)
Post ID: @OP+xOuKqEW

Corinthian College board

Hey everyone. Has anyone received any information about the potential Heald sale? With it being a somewhat profitable school, do you think it will be sold off?

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| 670 views | | 6 replies (last September 30, 2014)
Post ID: @OP+xNIxIlg

Crazy Late Policy in classes

I have never been at a school where students can submit late work over 2.5 months late. They can essentially do no work for 9 weeks of a 12 week course and submit their missing work (including discussions) until the end of week 11. This is a 12 week... — read more 

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| 780 views | | 26 replies (last September 29, 2014)
Post ID: @OP+xNpha97

First draft secured Discuss

Everyone knows that we filed an 8K with the SEC last Friday, September 19. Employees are drawing conclusions based on the delay in communication of my memo on September 25. For those of you who whined about the information vacuum: too bad. I am The... — read more 

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| 410 views | | 3 replies
Post ID: @OP+xNSRA2W

Stipends

Long and short of it is this; is all this financial stuff going to hold back my October check?

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| 470 views | | 3 replies (last September 29, 2014)
Post ID: @OP+xNZq1fN

From SmallCapStreet.com COCO to deposit (to escrow) $5 million on 10/23 and 35% of net proceeds from sale of any school

Summary & Conclusion "The longer term future of COCO is not in doubt – the company will be dissolved and its assets sold. As reported in the company’s most recent 8K filing with the SEC, the company has reached an operating agreement with the... — read more 

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| 850 views | | 11 replies (last September 28, 2014)
Post ID: @OP+xN91WM5

all the good employees are leaving

Every day someone else in our dept quits. Of course its the good employees that are leaving. The deadbeats are staying around and hoping for the best. I have several intervuews next weeks so I hope to be gone soon also.

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| 540 views | | 5 replies (last September 30, 2014)
Post ID: @OP+xND1oOf

For CAMDEN KID

Check out http://www.thelayoff.com/universal-technical-institute

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| 460 views | | 2 replies (last September 27, 2014)
Post ID: @OP+xNhLAOU

A buyer

Doesn't mean you will keep your job so I'm not sure why some fellow employees feel the need to stay. I know some just want unemployment and some are getting new jobs currently but I also know of some who are "riding it out". That is the dumbest frame... — read more 

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| 660 views | | 13 replies (last September 28, 2014)
Post ID: @OP+xNzyruN

What will you do

What happens if ECMC acquires CCI and some departments? Say the announcement goes out sometime in October. Who will be the first to step up and apologize for all their negative posts? Conversely who will admit they were wrong if no sale goes through?... — read more 

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| 590 views | | 13 replies (last September 27, 2014)
Post ID: @OP+xNoLcH7

Schools closing

Hows it going at the schools closing? Having party?

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| 450 views | | 1 reply (September 27, 2014)
Post ID: @OP+xNNUWyn

There is no bright future for you at CCI

A sale=layoff. No sale= layoff. No company is buying CCI to continue CCI..therefore, you are not needed. No company buying a company being forced out of business by the government is looking to continue said business. I am getting very tired of... — read more 

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| 820 views | | 8 replies (last September 28, 2014)
Post ID: @OP+xNXPXTH

So the Student Refund Account is funded. Now payroll Oct 17th where does that come from? Layoffs or Furlough? Cci is low on funds...

While it is great that the Title IV funding did not cease right now, are we in for Furloughs or layoffs. Cannot see how Cci can continue to pay the present workforce for another month or so until the Sales(?) are finalized and money is in hand.

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| 1050 views | | 11 replies (last September 27, 2014)
Post ID: @OP+xMDK69N

Today's 8-K filing

http://www.sec.gov/cgi-bin/browse-edgar?CIK=0001066134&action=getcompany

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| 693 views | | no replies yet
Post ID: @OP+xM1Gnrx

agreement with lenders reached

Corinthian Colleges Inc. (COCO:US), the operator of for-profit schools that’s shutting down, gained consent from its banks to an amended agreement with the U.S. Education Department. Corinthian, based in Santa Ana, California, said in July it will... — read more 

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| 470 views | | 4 replies (last September 27, 2014)
Post ID: @OP+xMYEDLY

I may troll with my one sentence crap as you all know

But when I have solid news I post it. The 8-k filed today does mention that the agreement is in effect that the lenders did sign. I am an employee at the CSC in Santa Ana. BTW there is a ton of business meetings this weekend with a certain four... — read more 

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| 450 views | | 2 replies (last October 7, 2014)
Post ID: @OP+xMKC4Fu

Youre a lying a**hole, board hijacker

I didn't believe your fake email to begin with, but I pulled up my saved email from Jack (September 16, 2014) and compared it to yours. Nothing about the headings is the same... not the way his name is listed or the date or the recipients. Your... — read more 

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| 720 views | | 13 replies (last September 27, 2014)
Post ID: @OP+xMbj9Vk

Friday update part 2 the source

Don't care if you believe me or not. Ask a CSC director and above because Jack said it was okay to share per the last sentence. Have a good weekend. From: Massimino, Jack Sent: Thursday, September 25, 2014 5:53 PM Subject: Company Update Date:... — read more 

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| 420 views | | 1 reply (September 28, 2014)
Post ID: @OP+xMfVY8N

Friday Update from Jack part 1

Highlights. Banks have signed. Sale target date for Heald, Everest, and WyoTech is November. financial situation remains challenging

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| 390 views | | no replies yet
Post ID: @OP+xM3oRzU

Why Can't CCI just go away?

You have to give it to Jack and his cronies, they are fighting the good fight. But how does this all go away and people continue on with their jobs here at CCI? Simply they don't.

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| 406 views | | no replies yet
Post ID: @OP+xMumV5L

Got a call saying EVerest is closing?!

Phone number 412-567-9240 called and left an automated message telling me (enrolled student) that Everest schools are closing and to please call them back for further information! Call back yielded a company calling itself 'student assistance'. If... — read more 

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| 650 views | | 18 replies (last September 26, 2014)
Post ID: @OP+xM4SNfq

Campus president says

All do a were signed and approved today. Everest is still open for business, Title IV funding still intact.

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| 670 views | | 13 replies (last September 27, 2014)
Post ID: @OP+xMWXMVT

Students in some of my study groups are saying...

that they are receiving automated phone calls from Everest stating that the school will be closing for good tomorrow. These are my fellow students in the FB study groups that still attend EUO or a ground campus. Since I am no longer enrolled with... — read more 

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| 440 views | | 5 replies (last September 26, 2014)
Post ID: @OP+xMyASle

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