One of the EDMC trolls replied to a post below stating that bankruptcy could be used as a positive tool to make the company more profitable. He/She said if we read business books we would know that. Just one problem: If they declare bankruptcy they... — read more
Program Elimination
Any word or rumours about program elimination or being combined with other programs? With job outlooks the way they are, wouldn't it be smart and economical to eliminate poor performing programs?... — read more
Tribute to Flem from the other campuses
Much love and respect Flem. One mans loss will be another mans gain. Keep your head up! In time, they will realize the mistake. Much respect for all you have done for AUO!!!!!
What the stock performance indicates this week is that EDMC are going to declare bankruptcy soon. Most probably in the next two weeks.
There will be many people and organizations wanting to take legal action against EDMC. But this will be pointless. The Directors will walk away. Goldman Sachs will walk with billions in profits. 100,000 students will have no degree and debt.
I thought our stocks were lower a few months ago?
Why would the company lock its doors now? We have had lower stocks a few months ago?
Stock at ten cents today may reach zero withing ten days. Company will announce closure before then.
How many will be without a job next week?
I'm guessing 70 people will be jobless after next round of cuts? Thoughts?
Gainful employment
so last week I checked Ais enrollment programs (not the 15 said to close) before Gainful Employment numbers had to be reported.... now I checked today. They are not accepting enrollment for programs.Some school's cut AAs. My friend at an Ai is 3... — read more
The SM shake up
Ramy, Foto, Nicassio, Walk, Hershey, , Van pelt, Baggs, Vigliotti,Nuebert, Arnold, Miller
BMC making cuts
Phoenix CS office closing completely. A few cuts were made at the CS office in Ohio where DF is .... Still a very small % of EDMC employees. Seems like the hype is over.
SUO PGH, it's going down today.
First my AM comes out of a MGR meeting ghost faced. Then she can't look me in the eye. Then I hear I have to be available for a meeting with the RVP later. Hmmmmm. Wait it gets better. Now it's confirmed that a Campus Director just got demoted from... — read more
To all the LOSERS
So in light of recent events, those of you that are on this site to whine, complain and gripe about the most moronic things need to get a grip. Either shut your mouths and get back to work or find a new job and quit. I don't care which choice you... — read more
Is KKR of EDMC takeover a replay of ECMC/Zenith and Corinthian Colleges?
The last few posts here seem very similar to what we saw with ECMC/Zenith and its take over of Corinthian Colleges last year--and it wasn't good. ECMC is a debt collector, and they hired some old cronies in the for-profit industry who were shady to... — read more
Foreshadowing
In order for this "restructure" to work, it's going to depend on the managers they select to lead the new teams. If they put all the same managers back in their roles then this restructure is a joke. The same people doing the same thing... You have... — read more
EDMC Will run itself into the ground.
Their helter skelter way of choosing who stays and who goes will be their downfall. Instead of weeding out the slackers they let go the ones who show up everyday and do their job. They keep the ones who are never at their desks because they are... — read more
SUO- AZ
Does anyone know anything about SUO in AZ and layoffs?
SUO PGH, even more sucre and stronger than ever
While all the chaos was happening up the street yesterday, we at Sourh were given yet another reason why we are all safe and secure. Vice Chancellor Read sent an email confirming that Frizzy Robes was officially named RVP for Pittsburgh. He also... — read more
Gainful Employment will most likely destroy EDMC. These layoffs are just the beginning...
http://www.usnews.com/news/articles/2015/06/24/federal-court-sides-with-education-department-on-gainful-employment-rule
AUO Pittsburgh
AUO Pittsburgh was basically told we're on borrowed time. Everyone is interviewing for the new positions on Monday and Tuesday. They're cutting 50-70 people (possibly more) from just AUO Pittsburgh. They're not calling it a "lay off" right now... — read more
EDMC reputation
The only reputation worse was my ex-girlfriend. B*tch was craaaazzzy!!
July 1st or 2nd
Layoffs haven't really officially hit AUO until July1 and 2, when we are told whether or not we have a position or not. The thing that baffles me is why we couldn't get a straight answer as to how many people were going to be laid off or how many... — read more
A lot of Hype
There are always some layoffs at EDMC this time of year. Look at the historical data. Thank you for the heads up but it was really not a huge surprise that some jobs were cut. It was hardly the "blood bath" described by the anonymous post.
Layoffs at AUO
We're there actually people let go today from AUO or are they waiting until after the interviews? Was the 300 let go including those for next week?
No surprise
http://triblive.com/business/headlines/8624273-74/edmc-colleges-profit#axzz3e0pjTMwf
For-Profit Colleges' 90/10 Loophole Latest Target For Democrats... And you thought today was bad.
That GI Bill scam lawsuit vs EDMC looks like it will be a slam dunk! You do not take advantage of the people who provide your freedom. http://www.ibtimes.com/profit-colleges-9010-loophole-latest-target-democrats-military-veterans-education-1982127
Word Vomit
Hardman says, “As part of our continuing efforts to offer students a great learning experience while keeping education affordable..." Are they going to lower the price of the education? Highly doubtful. So in actuality, they are simply making sure... — read more
Chumming for corporate trolls
No layoffs? Useless info? Move along? Nothing? We know you're still there. What does impotence feel like?
Are they done for today?
Lots of people gone from the center including managers and directors. Anyone know how to tell when they are done handing out the bad news?
Info on Ai Online?
Any layoffs?
Useless Information
Today was not the big day folks hyped up forever....vague statements that mean nothing. Its like people want there to be mass layoffs but its not going to happen.