Thread regarding Corinthian Colleges Inc. layoffs

Why is ECMC visiting campuses in Florida?

Honest question and educated responses please. An employee here who would like to know what I am not being told.

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| 461 views | | 8 replies (last September 11, 2014) | Reply
Post ID: @OP+xwjCL0j

8 replies (most recent on top)

35058, I have asked my managers so stand down, there are people needing information .

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Post ID: @1D6D+xwjCL0j

Anonymous35058, I know because I work on it. Most managers won't know because the info is limited. And I did not sign a NDA.

ECMC will be at CSC Friday. We are going through the due diligence process necessary to finalize the sale.

Look at my post history by searching my code. Everything I have posted has come true.

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Post ID: @Y22+xwjCL0j

Wonder if yesterday was an important date for Wyotech because next week is finales and graduation? New classes are scheduled to start on 9/25/24. If it's true about yesterday could be canceling the start if papers weren't signed and going into teach out.

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Post ID: @DWy+xwjCL0j

Any sale must be approved by DOE and accreditation bodies. Plus there's a criminal investigation going on. It's far more likely if there's any type of sale that processes or parts of the business will sell. The college is tanking and isn't worth anything. If it sells, I would be surprised.

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Post ID: @3pl+xwjCL0j

Don't know if it's likely or not, but I can confirm that I've also heard about ECMC and a potential buy from fellow employees -- not just on the boards. Apparently yesterday was an important day for signing WyoTech papers. That is the extent of what I know. What I suspect is layoffs coming. For EUO instructors, Oct. 9 and 10 after final Summer Term grades submitted (Oct. 8). For Everest + employees, on-going. I expect a skeleton crew for Fall Term.

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Post ID: @2iE+xwjCL0j

Again with this? Ask your managers. How dies anyone on this board know anything.

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Post ID: @fYF+xwjCL0j

It's not likely to happen.

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Post ID: @1LF+xwjCL0j

They are a potential buy of Everest+ (all Everest, WyoTech & Online, not including teach out and Canada)

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Post ID: @APd+xwjCL0j

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