Thread regarding University of Phoenix layoffs

Be prepared for another round of downsizing, outsourcing, and offshoring, I have heard executives publicly discuss significant drops in enrollment at University of Phoenix over the long run (from 249,000 to 150,000).........From http://www.fool.com/investing/general/2013/10/23/why-apollo-group-stock-popped.aspx......."Apollo sees a similar drop in revenue next year, as its projecting sales of $2.95 billion to $3.05 billion, down more than 20% from $3.7 billion this year, and below analyst estimates of $3.2 billion. Still, the company actually expects modest growth in adjusted operating income next year due to cost-cutting initiatives, which it said would trim $300 million in expenses. That prediction seemed to reassure investors since the company still managed to deliver an adjusted per-share profit of $3.16 this year, making the stock look cheap. I'm skeptical that for-profit education will reach its former heights, but Apollo has easily beat earnings estimates in its last four quarters, despite the negative growth. Its management seems to understand how to optimize a declining business."