Thread regarding Education Management Corporation layoffs

Any new news

Been pretty quiet this week limited leads. CDS panicking about upcoming start and numbers. getting closer to a RIF or just bad couple weeks???

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| 501 views | | 8 replies (last March 13, 2015) | Reply
Post ID: @OP+AsvyfeC

8 replies (most recent on top)

Nobody cares about hitting a continued unrealistic goal. Making goal in the last quarter cannot save the previous missed 3 starts of the fiscal year , hello. People will be released period. Leave on your terms or sit around whoa is meing yourself means you are the type that has been over paid as edmc floundered. Hopefully you are living within your means but all else considered probably not

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Post ID: @2e2x+AsvyfeC

hmmm, the presidents at Ai Philadelphia and Washington have left in the past few weeks...

NYC president is "interim" at Philly, however Philadelphia is a large school, and NYC is a small campus with only 3 programs at the AAS and AOS level- nothing higher, but they do not fall under the "500 students or less", as it fluctuates in the 800-900 range.... However, NYC real estate is a different beast though, and I cant imagine the profitability is there. My guess is that they wanted to save NYC pres. so they axed philly, and transitioned her there to save her when NYC closes

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Post ID: @1aXQ+AsvyfeC

500 or less students, length of lease and profatibbility. Calculate for you school and you will know the likelihood of closing. Pretty straight forward formula. So, if it looks like a closure for your location, stop wringing your hands and get your resume out.

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Post ID: @1Z0B+AsvyfeC

The benchmark is 500 or less students. Length of remaining leases will also be calculated along with profitability. Do the math at your location and you will have the answer to who is closing.

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Post ID: @1lUf+AsvyfeC

Palermo resigned...no two weeks... reported as retired...gone in a blink of an eye. He was AI Washington and the Reston location....which should have been closed years ago.

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Post ID: @1fcf+AsvyfeC

Dominos falling. Will you be next?

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Post ID: @1qWs+AsvyfeC

The president of AI Washington resigned yesterday. There was a brief email sent out to faculty this morning.

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Post ID: @8Nf+AsvyfeC

What's another few bad weeks when you've sucked for 8 years. That's what you call business and usual

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Post ID: @znK+AsvyfeC

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