http://newsroom.cci.edu/releasedetail.cfm?ReleaseID=857808
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
"Corinthian said it would put 85 of its U.S. schools up for sale"
Translation: Corinthian said it would put 85 of its U.S. REAL ESTATE PROPERTIES up for sale. Hehehehehehe.
For-profit education company Corinthian Colleges to sell 85 campuses, close 12 others
https://ca.finance.yahoo.com/news/profit-education-company-corinthian-colleges-sell-85-campuses-044637360.html
6 months at the most and then the WHOLE place is gone...enrollment reps are all but done as of this day.
http://www.bloomberg.com/news/2014-07-04/corinthian-reaches-agreement-to-sell-or-close-campuses-1-.html?cmpid=yhoo "Corinthian will sell or shut campuses within the next six months, the department said late last night in a statement. Under the... — read more
SERF = Lowly Peasant who must work their Lord's lands in the Feudal System
Sounds like we can continue enslaving our students.
Ugh! Does this mean I have to go to work Monday?
http://www.insidehighered.com/news/2014/07/03/feds-and-corinthian-agree-plan-profits-closure-questions-remain#sthash.CCuB60nq.dpbs
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
Holy cow that grant hoax is the funniest post yet
Bravo. I am sure it hooked a few fish
The witch is dead!
http://postimg.org/image/z8eoqlrix/
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!
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
(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
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'm laughing at "A guy in IT" as he cannot identify my connection to thelayoff.com.
Tell your manager, Mr. A guy in IT, that some people know how to make things difficult for you, and those are the people you want the most! lol!
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
Washington State pulls Financial Aid
http://seattletimes.com/html/localnews/2023980122_careercollegesxml.html
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
"Is that sufficient cash, or should I expect to find upper management down at the local payday lenders?" That was May 6, 2014.
http://www.thelayoff.com/corinthian-colleges/post/5673236192821248
At least I left with dignity.
I heard you left screaming and kicking and begged them to let you stay!
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
Have a nice 4th of July weekend.
No new SEC filings, and likely no new information until next week. Let's go enjoy life.
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
Anonymous17602, They didn't even give me a slice of CAKE!!!
Are you the person who got fired on their birthday??? That was cold if the story is true!
There are three critical events, which one happens first?
July 11 payroll, 2. finalized agreement with ED, or 3. bankruptcy
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....
California Campus. VA Notification?
How are you notifying your VA students that their benefits have been suspended?
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
On a positive note...
My student was just hired at her extern site.