Topics regarding layoffs at Corinthian Colleges Inc.

Topics regarding layoffs at Corinthian Colleges Inc.

Increased level of rumor-mongering at CSC today

It's quiet on the board today, so I'm assuming the rumors we are hearing here are false. Basically, it's going around that the hammer was dropped with significant RIFs at a few locations (possibly Socle or Tampa EO). Any truth to them, or is it still... — read more 

Manna from the heavens 2.0

And Jack looked into the Heavens, on his knee pads, and begged Him to make it rain - just like he used to do in the strip clubs. Make it rain 10% bonus checks in 10 weeks, aw lawd, please!!

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| 495 views | | 2 replies (last July 31, 2014)
Post ID: @OP+wRWtr0P

CCI is selling or closing 85 schools

This is not news. A 10% paycut is better than not having a job. That will happen after the 10 week paycut period. I don't mean to sound like a jerk. But let's be real. They announced in the beginning if July they are going to sell or close. Why are... — read more 

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| 450 views | | 1 reply (July 31, 2014)
Post ID: @OP+wR2Gtot

Look busy, people! Your jobs literally depend on it!!!

If any if the schools sell (though it doesn't appear that CCI can limp around for that long), your jobs are NOT secure. And new owners will not just be looking at reviews (because everyone knows reviews are only used to fire people.) They will likely... — read more 

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| 520 views | | 6 replies (last July 31, 2014)
Post ID: @OP+wR0rvhP

Pay cuts?

I haven't heard anything about pay cuts. Was an email sent out about this? Is is a flat dollar cut or a percentage of pay?

Potential ECP Sale

Email sent out to ECP Faculty today that there is a potential sale of ECP and an email going out to students in CA to announce this.

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| 470 views | | 8 replies (last July 31, 2014)
Post ID: @OP+wRYWmN7

No way cuts are only 10 weeks

There is no way these cuts are just 10 weeks and that they plan on making it back up later. If you look at the deadlines for the bids and sales, these are permanent cut to normalize our pay dates to match most other companies and a way to further... — read more 

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| 410 views | | 2 replies (last July 31, 2014)
Post ID: @OP+wRGc1L5

Csc seems to be unaffected

I'm a call center employee and we have actually been given OT for the last month and through August. It really sucks that the campuses have been hit so hard. I do feel bad for you guys. The news here is that if they get a buyer they will want to keep... — read more 

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| 442 views | | 6 replies (last July 31, 2014)
Post ID: @OP+wRpUBdU

Start Trimming the Fat

The first thing they need to do is get rid of those representatives who do nothing but sit on Facebook, Candy crush saga, YouTube, their own college's website (to do their own school work), gaming sites or on any of the other idiotic websites, all... — read more 

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| 490 views | | 6 replies (last July 31, 2014)
Post ID: @OP+wRXLjhs

Gut punch

I hope each of you find peace and solace in your decision to stay or leave. I don't wish anyone ill will if they move on or stay. No one can blame you if you left considering we all have bills to pay and mouths to feed. Just take the time to really... — read more 

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| 413 views | | 2 replies (last July 31, 2014)
Post ID: @OP+wROCgZg

LKIR...

Let's keep it real. It is over. I hope we all have enough in savings until we Find jobs. We are being forced to reduce hrs. Use that time wisely! Vacation pay is a Beni .. that has now been taken away. Yes, it is legal. 10% paycuts. It was coming... — read more 

How long does it take to sell a school?

"If you know how long...then say it." I can tell you this, sometimes it takes months for state approval, other times the approval comes right away. Some times it takes months for DOE approval, other times it comes quicker. Some times it takes months... — read more 

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| 480 views | | 6 replies (last July 31, 2014)
Post ID: @OP+wRUUgOi

You can fix this with a P-Card.

Pay cuts and 'voluntary' unpaid time off. How is moral likely to be going forward? Can lack of money and bad moral kill a company?

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| 430 views | | 5 replies (last July 31, 2014)
Post ID: @OP+wRW07ya

As much as some hate to admit it

Bain Capital has a long history of rebuilding bad companies into good ones. Dunkin donuts and dominoes pizza are 2 examples. Of course, Bain cleaned house in both instances, but they also are strong companies once again.

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| 630 views | | 4 replies (last July 31, 2014)
Post ID: @OP+wRoPYQ5

What a laugh

Some of you really think that a buyer will mean you keep your jobs Bhahahaha

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| 450 views | | 4 replies (last July 31, 2014)
Post ID: @OP+wR1Ot9M

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