Topics regarding layoffs at Corinthian Colleges Inc.

Topics regarding layoffs at Corinthian Colleges Inc.

Press release

http://newsroom.cci.edu/releasedetail.cfm?ReleaseID=857808

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Post ID: @OP+wqAbxAu

Email just sent to adjuncts

To: All U.S. Employees From: Jack Massimino, Chairman and CEO Subject: Operating Agreement reached with Department of Education After more than two intense weeks of discussions, we have signed a final operating agreement with the Department of... — read more 

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| 470 views | | 3 replies (last July 4, 2014)
Post ID: @OP+wqII2Rs

Agreement Reached (Real News from CCI.edu

Corinthian Colleges, U.S. Department of Education Sign Operating Agreement SANTA ANA, Calif., July 3, 2014 (GLOBE NEWSWIRE) -- Corinthian Colleges, Inc. (Nasdaq:COCO) announced today that it has signed an operating agreement with the U.S. Department... — read more 

The story...

The U.S. Department of Education today awarded $110M to Corinthian College, Inc. In Santa Ana, California, to help restore normal operations related to the recent 21 day delay. The immediate $110M grant, which is being made through the Department's... — read more 

Phew!

Incredibly relieved to hear the preliminary great news! A formal communication is pending. Hopefully we receive something official this evening or tomorrow morning. I hope you all have a great long weekend!

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| 510 views | | 5 replies (last July 4, 2014)
Post ID: @OP+wqoVQFe

Breaking news! CCi Sells its schools...

CCi sells their three branches Wyotech, Heald, and Everest to three incredible companies. The retention of great employees with the new NPO companies is at 90%!! That's 90% of all jobs saved. One new owner is quoted to say, "those giving doomsday... — read more 

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| 500 views | | 9 replies (last July 4, 2014)
Post ID: @OP+wq4nrb6

(My guess) CCI files BK by the end of the month.

CCI and ED may or may not get a shutdown agreement in place. The longer it takes to get the deal done then the more likely BK gets filed. All of the talk about Heald getting sold is just that, TALK. Prospective investors have already turned down the... — read more 

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| 500 views | | 8 replies (last July 4, 2014)
Post ID: @OP+wpY3bTP

Deuces. I got my new contract and I am out of here

Kforce came through for me as I start my new job Monday. Hope you all land on your feet as I did. When a door shuts and window usually opens. Looks like I will be joining my peeps from IT that already left GP and AW. InfoSec jobs are out there and... — read more 

I don't get it...

On the assumption that most threads here are from employees, my question is: where is your sense of personal RESPONSIBILITY? If you don't believe in the company's value proposition, mission/vision, WHAT YOU DO, etc., then why do you work here? As a... — read more 

Just going to leave this here

Read on your own. They lied to our faces. https://www.documentcloud.org/documents/1014987-corinthian-colleges-inc.html

It's only Everest .... so no big deal

Everest are were most all the problems and lawsuits are, so no real problem here. CCI will only be dumping the junk brand. http://www.kitsapsun.com/news/2014/jul/03/6-everett-college-campuses-may-close/#axzz36RILlfxf

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| 550 views | | 7 replies (last July 4, 2014)
Post ID: @OP+wpi38LI

What's going on with Socle?

I was let go in February and curious to know how things are going (doing great now, by the way). They have a few small clients. Surely they can't be expecting to keep them now? They've been desperately backdating everything so it looks like Socle... — read more 

Loans forgiven?

"You are not eligible for discharge of your loans if your school closes and any of the following is true: You are completing a comparable educational program at another school. If you complete such a program at another school after your loan is... — read more 

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| 510 views | | 1 reply (July 4, 2014)
Post ID: @OP+wpDLo80

Did everyone see this?

http://www.nytimes.com/2014/07/03/upshot/corinthian-colleges-is-closing-its-students-may-be-better-off-as-a-result.html?_r=0 The New York Times is reporting that we are closing....

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| 460 views | | 7 replies (last July 3, 2014)
Post ID: @OP+wpZpMPu

Old News?

Maybe I missed this somewhere along the line and perhaps it's old news but it's new to me: During the Company’s discussions with ED regarding the release of the $16 million and the negotiation of the Memorandum, ED indicated that, in connection with... — read more 

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| 490 views | | 2 replies (last July 3, 2014)
Post ID: @OP+wp9VRjx

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