Topics regarding layoffs at Education Management Corporation

Topics regarding layoffs at Education Management Corporation

Message from CEO of EDMC today

Good Morning, I am very pleased to announce that we have received final approval for the financial restructuring with our debt holders. The completion of our restructuring is a critical step in strengthening EDMC and positioning us to better serve... — read more 

Is there a CONFIRMED list of campus teach outs?

Students and alumni at the NYC Art Institute are emailing me asking about the possible "teach out" for the NYC campus. Can this be confirmed? If EDMC continues to recruit students for the NYC-AI campus, doesn't anyone see the potential legal... — read more 

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| 420 views | | 2 replies (last April 14, 2015)
Post ID: @OP+B0PyfZw

AI GVP gone

Looks like one of the GVPs for AI doesn't work here any more LinkedIn says start date until March.

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| 460 views | | 7 replies (last April 18, 2015)
Post ID: @OP+AZGg6Mu

Are you telling your students about campus closings?

Are teachers telling their students about EDMC's finances and the schools that are scheduled to close? Corinthian Colleges teachers are letting their students know.

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| 490 views | | 6 replies (last April 18, 2015)
Post ID: @OP+AZkeTnW

Packed my crap

Called in sick, taking a 2 week cruise...gonna b fired when I return because I left during black/block out...ef em

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| 432 views | | 1 reply (April 10, 2015)
Post ID: @OP+AW9gUBc

Veterans need to come forward

For students who were ripped off by Art Institutes, Argosy, Brown-Mackie, or South Univeristy, you need to come forward. Insiders who know about these issues with veterans also need to come forward Vets can file with VA :... — read more 

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| 820 views | | 16 replies (last April 15, 2015)
Post ID: @OP+AWoWNUK

HR at SUO PGH

Heard HR lady got walked out today. Anybody know why?

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| 550 views | | 7 replies (last April 13, 2015)
Post ID: @OP+AWpmuFT

AUO Layoffs?

AUO doesn't seem to have many students left. I overheard a conversation referring to possible layoffs sooner rather than later. From my many years as an ADA here, my hunch is telling me it will be based on talk time. These reports my managers sends... — read more 

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| 700 views | | 8 replies (last April 8, 2015)
Post ID: @OP+ATqqIA5

The Center Services

Who else thinks that the management at the Center is full of crap when they think and talk about how they are going to sell their centralized services to other schools/companies? Their managment can't even lead their team out of a wet paper bag......

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| 600 views | | 7 replies (last April 14, 2015)
Post ID: @OP+ATcLGhw

To the SUO PGH Trolls.

To the non plan hitting trolls that lurk here all day. You have proven over the last week that you don't know shit about what's happening on the floor. Last week you reported that JG was hosting AR sleepovers and that Heartless Prick was dipping his... — read more 

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| 510 views | | 2 replies (last April 6, 2015)
Post ID: @OP+ASKQ69M

Today

Anything strange going on out there?? Things are very quiet on campus today... Maybe the RIFs aren't happening...

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| 600 views | | 5 replies (last April 7, 2015)
Post ID: @OP+ASSkjH8

Glimpse of Pressure

Got my first glimpse of pressure. Seems that no one within AUO is making their start for April 9, someone said that they were told that it's not mandatory that we come in Good Friday or even Saturday but that it should be considered if our numbers... — read more 

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| 540 views | | 3 replies (last April 4, 2015)
Post ID: @OP+APmml4L

This article addresses the restructure by KKR

EDMC schools on federal list for poor financial management The company completed the first phase of a two-part restructuring that would make creditors, led by investment firm KKR & Co., the majority owners in exchange for wiping out $1.1 billion in... — read more 

Packed up today

Loaded personal items and threw out everything else. Want to have an easy departure. At least here we have some heads up...Phoenix was blindsided today. It was a blood bath. All enrollment counsellors (a few left) were fired today and they closed... — read more 

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| 551 views | | 2 replies (last April 4, 2015)
Post ID: @OP+APqk9fo

Univ. of Phoenix riffed 399 today

Closed campuses in MD, Dc, VA and across the country. All positions were Enrollment Counselors. EDMC riffs are next week after class start...there was a delay to shore up some of the campuses staying open. Employees at closing campuses who are in... — read more 

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| 570 views | | 7 replies (last April 3, 2015)
Post ID: @OP+AOHbGbY

Tick Tock Tick Tock

Who else is counting down the minutes with me? Hope I am set free from this trap! Anyone seeing anything beyond the normal strange today?

Explore other options

We've been told by many of our local campus leaders this week that we should be exploring our options...is this really true? Based on all of these posts, is April 2nd really "D-Day" or is this only for a CS consolidation and the local campuses will... — read more 

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| 530 views | | 2 replies (last April 2, 2015)
Post ID: @OP+AODQjxT

Really....

Please stop with these ridiculous rumors that aren't even proving to be true. Worrying working adults that rely on income from their company is no laughing matter.

Site's quite today

Site's too quite today... Folks must be cleaning out desks and offices

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| 500 views | | 2 replies (last April 1, 2015)
Post ID: @OP+ANHwSg0

No mor abbrevs pls?

It wd hlp me if u stp psting abbreviations on ths forum! I hv a hrd time tryn 2 fgure out what CS, AR, etc means!

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| 550 views | | 3 replies (last April 1, 2015)
Post ID: @OP+ANzJ1oj

Big Meeting at CS

The word on our campus is that their was a huge meeting at CS yesterday, no cell phones or laptops allowed, we are all wondering what this means, anyone have any specific news? Whose getting laid off, how will the closings affect the staff at the... — read more 

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| 560 views | | 2 replies (last April 1, 2015)
Post ID: @OP+ANI0Bqb

Several EDMC Sites Have Cash Monitoring

Several EDMC schools on DoED's "risky" list....................http://graphics.wsj.com/table/educost0331

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| 550 views | | 1 reply (April 1, 2015)
Post ID: @OP+AM8ZoCH

AUO Rules

AUO has the best CD's! Best leaders! Best AR's! AUO rules!!!!!!!

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| 680 views | | 8 replies (last April 1, 2015)
Post ID: @OP+AMYZqZV

SUO PGH

Heard that a certain veteran FC got walked out the other day but leveraged her way back in to get her job back. Can someone provide details? What exactly did she do to get her job back?

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| 580 views | | 5 replies (last April 1, 2015)
Post ID: @OP+AMQU6Rz

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