Thread regarding ITT Educational Services Inc. layoffs

Apparently ITT was to have a conference call at 9 am today to discuss some news. Any updates on what the news was?

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| 1541 views | | 6 replies (last September 1, 2016) | Reply
Post ID: @OP+JaU1uwX

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What kind of illegal things?

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Post ID: @hvz+JaU1uwX

There is another conference call going on right now and they are speaking about doing some things that are actually considered illegal. I don't know who all is in the call, but I know DOF's are.

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Post ID: @tpv+JaU1uwX

I was on a call. A ton of questions. Very little answers. A short version: Wait for answer until next week

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Post ID: @qas+JaU1uwX

ITT will find some equally sorry predatory school to finish taking whatever money you have left, or can still borrow. The degree isn't going to be worth any more, though. You'll just owe more than you do now.

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Post ID: @ymz+JaU1uwX

It was literally about nothing. Just mid management trying to appease the skittish but it didn't work. Students are still requesting transcripts for transfers, and I can't blame them. Instructors are on the brink of fleeing to prevent ruining their reputations. It was a lot of talk but no answers. They said MAYBE Tuesday more answers, but that seems like just a delay waiting game.

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Post ID: @hnd+JaU1uwX

I'm curious as well. We were not notified of a conference call. Was it regarding if Itt will file BK or provide funds?

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Post ID: @lsy+JaU1uwX

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