Thread regarding Corinthian Colleges Inc. layoffs

Riffing

It's not going to fix the problem. Next quarter profit and enrollments will suck.

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Post ID: @OP+vwoVnWY

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"By law, you have to be employed for a minimum time with the employer" All you need is a certain number of hours in aggregate, it's not limited to a single employer.

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Post ID: @2FsU+vwoVnWY

By law, you have to be employed for a minimum time with the employer. Hiring short termers and firing them allows them to reduce their unemployment tax percentage. It's one of the last resorts of crappy employers.

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Post ID: @2W4B+vwoVnWY

They should do temp positions that way they don't need to go through all the BS or offer severance. Doesn't it cost more money to retain and employee then it does to fire them offer severance then bring them back only to do more firing. I'm sorry it's a RIF not firing. All the same to me when you have no job

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Post ID: @i7T+vwoVnWY

Where are the students going?

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Post ID: @w4S+vwoVnWY

Maybe there answer is man cci with temp hires.....seasonal even like santa in the mall. HO HO HO SEASON OVER YOUR RIFFED SANTA!

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Post ID: @4Mk+vwoVnWY

Yes on paper that is the answer. But in customer satisfaction (students) they are taking notice of the lack of manpower and are starting to go else where. It's a fact.

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Post ID: @7lX+vwoVnWY

Yea sure and that's the corporate answer we are given for layoffs. "Cci had was growing and has now come to a period of modest enrollment and things are slowing down" blah blah blah. Sure cutting labor cost and downsizing makes sense when their enrollments and numbers aren't there BUT lets not forget they keep hiring new people or temporarily bring back former laid off employees for short periods of time only to include the new hires and rehires in a lay off again. It's ridiculous. Something sketchy is going in for sure!!!

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Post ID: @DNV+vwoVnWY

Cutting labor costs as student numbers spiral downward makes sense. Cci had a bubble in enrollment and now there is a period of readjustment.

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Post ID: @pX6+vwoVnWY

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