No communications with anyone. Steve R's office reaches out 5 days past their original quota in making National Account Execs aware of final interviews. The invites are sent out at 8pm on a Friday night. No apologies to anyone who's life this is effecting, people who are officially done on the 31st are still working with full access to the VPN... This all seems like smoke & mirrors. Is UOPX going bankrupt? Are we living as part of the largest scholastic failure in our nation's history right now?
8 replies (most recent on top)
Is it riding up your trunk?
They are expecting the stock to go up based on the fact that student lose was not as bad as they anticipated. We were 3000 students over expectations. Putting a lot of their eggs in the global basket. People in other countries don't care about 90/10
It is the quality of the students that brings down the classroom environment.
Schmucks
This organization is poised to shed as many as 1000 jobs in a few weeks as enrollment for the Q4 is down almost 20% year over year. The school will likely have fewer than 125,000 students by the end of 2015, and fewer than 90,000 by summer of 2016. This 'school' will then be right-sized. I'm sorry for the 3,000 to 5,000 employees who will be fired in dribs and drabs in the next 18 months.
Enrollments are way down and the earning call is coming up. Execs are scared shitless so you'll have to cut them a break if they aren't out and about spewing their usual phoney propaganda. Not going bankrupt but nothing is getting better so you can expect heads to start rolling. Capelli's slick talk has warn out its welcome and Mitch the invisible head hasn't added a single iota of value.
It's not as much the quality as it is the greed. High priced education with little overhead, and over paid execs. Hey Huffington Post! Why don't you just Google 'insider trading at Apollo education' and look at how much the last President dumped in Stock before he retired. But more importantly, how much he dumped before the stock started plummeting. These execs know the enrollment numbers well before the stockholders do.
closure of this school. I feel bad for the good people that are losing there jobs but you are being used and doing more harm than good because the leaders don't care about quality.