They just released their quarterly report showing a decline in enrollment, for the 16th quarter in a row. Has anyone heard anything new about layoffs?
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Layoffs have to happen if UoP intends to stay as profitable as they have been. Annual revenues are down (again). Annual profits are down (again). Annual operating income is way down........http://finance.yahoo.com/q/is?s=APOL&annual.......Last quarter was brutal, so the next quarter should be very interesting...........http://finance.yahoo.com/q/is?s=APOL....It doesn't signal an end to the Phoenix, but it would take someone with innovation, wisdom, and lots of courage to turn this around and up (by reforming it). From what I gather, the current leadership isn't capable of making the changes it needs to make UoP a leader instead of a vulture.
Isn't it always 300 being cut?