Thread regarding Corinthian Colleges Inc. layoffs

Prepare yourselves....I have just heard, from a trustworthy friend at the top that the layoffs are in the immediate future. CCI is aware that the Department of Education is sniffing around...That is why they have brought in Leon Penetta on the board of trustees....to provide the illusion of caring for the community. The schools are consolidating departments and the campuses Presidents have lists of fat to trim (employees whose jobs are non-essential). I am told that they are looking to make a move to bring up profitability just before the next fiscal quarter. Don't say you haven't been warned!