Do they expect staff to give 10% less? Will staff be penalized for giving 10% less? Does that mean I can work 36 hours instead of 40? Many of the salaried folks work a 60 hour week...how screwed are they.

So...it seems that all staff will be affected by this salary change for the next 10 weeks. Hourly - voluntary week off without pay, not able to use sick or vacation. Salary - +$40,000 will take a 10% pay cut for the next 10 weeks...no option. This... — read more 

If you quit, they keep their jobs.

Just looking for concrete answers.

You can either quit or stfu and take it in the ass again. Today's call pretty much blows apart the "I will keep my job" or "my campus will be sold and I will keep my job" nonsense. They obviously have no buyers for the campuses and no prospects... — read more 

Every employee should refuse this voluntary time off and continue as business as usual. By taking time off we allow this company to keep on going with their immoral (and possibly illegal) actions. REPEAT: Refuse to comply and be defiant from this... — read more 

While leading their employees into the unemployment line and their students into $40,000 debt! What are their bonuses for killing CCI altogether?

Even if they do, they are still driving Mercedes and going to their house in the Hamptons every weekend.

We are all chumps.

Lillian G, Diane V, and Nancy A. These instructions don't apply to you guys since you followed these simple instructions to get your titles. It was fun while it lasted bitches!!!

BS

Don't believe everything you hear! They'll be smiling and laughing and pretending everything is okay when it is not!!

Were you on the emergency Jack call at 1:00 pm today? What happens after 10 weeks?????????????????????????

Many layoff's tomorrow CCI wide.

We've started playing a little game here, based on some tea partier's proclivity to scream "Benghazi"" whenever an awkward question or fact is brought up. In this case it's inspired by our management's bizarre and mindless statements about what's... — read more 

http://www.sec.gov/answers/form8k.htm

Dear XXXX , Below is important information you need to know about our school. Should you have any questions after reading this message, please contact your campus president. Possible Sale of School Corinthian Colleges, Inc., the owner of Heald... — read more 

I heard the doors are shutting down....not a buyer anywhere.....

What if I am correct? Will you all love me?

Discuss

What is going on in your campus?

July 11, 2014 "State officials have ordered Corinthian Colleges Inc. to stop enrolling Minnesota students in the wake of an announcement that it will sell or close all its campuses, including the Everest Institute, a medical career school in Eagan."... — read more 

Cannot you see, there is nothing left. CCi has been living on the credit line for far too long. Is there any chance that the operation returns to the good days of 2010 or 2009? If not, then it's only a question of when, not if, the company files... — read more 

At work and getting new material to piss of people

Reminds me of the subprime lending debacle. You know, put 1,000 little pieces of garbage together, and suddenly it smells good, right?

If the 11k is right, and I cut it back to 9k in my initial analysis, but using the 11k student count, how much monthly revenue has been cut? Depends on program mix and other things, but $1,500 per student per month is likely a little low and $2,000... — read more 

Things have and will changed. And it's possible CCI won't be able to limp along until there's a sale.

http://www.youtube.com/watch?v=2RtDdctNOv0

Found out yesterday we can't enroll for who knows how long! State is not allowing enrollments. We're still all here! Anyone have any info!!!?

So I have heard that Jack M has scheduled a 4pm est conference call for all Directors and above, and the title of it was "summer cost reductions" or something along those lines. Start bringing your own pens and toilet paper to work tomorrow for those... — read more