Very lean and without students...
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Here is what I see happening, they are going to go into the new FY as lean as possible and then when it's time to produce first quarter results it's going to show that they company made money. It's going to show this because they will not have as many salaries to pay, but they might just have an up tick in students for the July term, and if not then there will be more layoffs say in September, right before the start of the second quarter. I now everyone here is wishing ill will on the company, however there are a FEW people that work there that do care for the students.
July 1st starts the new fiscal year so expect to see huge RIF's between now and then. When a company is going broke as fast as this one and the revenue is not coming in, they have to cut expenses. I also expect to see WyoTech and possibly Heald sold off. If not sold, then spun off under another company name if they find the investors. The share holders are only going to wait so long with stock prices at 85 cents till they bail out. I truly believe CCi is done. Students and parents read what's happening at CCi and they are not taking chances enrolling in a sinking school. In fact, current students are withdrawing at alarming rates because of what's happening.