What lies will be served up to investors this quarter?
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The shadow in Phoenix tells me that 300 are on the chopping block for next week with a further 700 being let go over the next three quarters. It's going to be fun to watch middle managers get shiitecanned.
I was sure Capelli would add to all the wonderful accomplishments that the number of times somebody has shot bullets into the side of the headquarters has been down significantly this quarter.
There are a lot of disgusting people in this world and some of them run companies. A lot of times they get away with it. Sometimes they don't.
No questions about HLC, no questions about 90/10 no questions about military recruitment. Who gets to ask questions?
There is nothing real here everything is just smoke and mirrors. These guys are just parasites who aren't interested in building anything of value or providing a true product to their customers. They are just trying to figure out how they can milk this place for their bonuses for a few more years knowing damn well those analysts are going to go easy on them until they enter in bankruptcy. They must be so proud of themselves.
An hour of smoke and mirrors was delivered by Leadership. No clear answers were provided, just their stated confidence that they can deliver results. No real solutions provided for the corporate strategy either. Is it because there really is none and how many of the so called Fortune 500 have intrusted Workforce Solutions to deliver their needed solutions worldwide or even in North America? More and more disappointment in the new WFS Executive Leadership team that has been in place 1-3 years already working their plan behind the scenes. They want to blame the people rather than their ability to provide the needed tools and required infrastructure that supports a professional sales team.
How will growth be restored by 2016 when the total number of prospective students is shrinking, those considering higher education are questioning the ROI, tuition is too high compared to other institutions, public schools are increasingly offering similar degree programs online at a fraction of the cost, and the regulatory regimes in place. No, for-profit schools will continue to contract until they are under a quarter of what they once were. Anyone arguing differently is either a shill for the industry and/or not very knowledgeable about higher education's dire future.
the problem was the new platform. Growth will be restored by 2016 (synapsis of earnings call)