Topics regarding layoffs at University of Phoenix

Topics regarding layoffs at University of Phoenix

Terms of Sale Dec 2016

http://www.huffingtonpost.com/davidhalperin/department-of-education-r_b_13499610.html Department Of Education Requires 25 Percent Letter Of Credit To Approve University Of Phoenix Owner Change 12/07/2016 06:39 pm ET | Updated Dec 07, 2016 The U.S... — read more 

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| 840 views | | 2 replies (last January 24, 2017)
Post ID: @OP+Ln2gFjm

Watch out

February 1st is coming, tick tock, tick tock, what!!!! Streamlining!!! What does that mean???? Look! A shipment of cardboard boxes??? I am moving to my car..... then the Department of Economic Un Security. I thought the new company was going to... — read more 

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| 1060 views | | 2 replies (last January 12, 2017)
Post ID: @OP+LibNhN4

Continuing declines in enrollment. More layoffs ahead.

"We expect that the University’s enrollment will continue declining as we implement our currently planned initiatives, although we expect the rate of decline to moderate compared to the rate during fiscal year 2016. We do not expect the University’s... — read more 

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| 1570 views | | 7 replies (last January 18, 2017)
Post ID: @OP+Lgg2Hwf

Earnings call on January 9 will tell a lot

The January 9 earnings call will tell a lot about what's going on inside Apollo Group and how many more people will be fired.

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| 1650 views | | 13 replies (last January 17, 2017)
Post ID: @OP+LcwOI88

Happy Again

New purchaser Apollo and UoPX future is very bright. I cannot wait. Come on February 1st.

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| 1480 views | | 13 replies (last January 24, 2017)
Post ID: @OP+LcYX5Od

When is the end?!

When is the company just going to go under and put everyone out of their misery?

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| 1350 views | | 6 replies (last January 4, 2017)
Post ID: @OP+L6RhGY5

Transferability of credits

I know that University of Phoenix is HLC accredited, but it doesn't look like credits transfer to more legitimate schools. I typed in UoPX business courses, and got no matches. Does anyone ask if credits will transfer? And if they do, how do you... — read more 

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| 1040 views | | 6 replies (last January 3, 2017)
Post ID: @OP+L5gP79H

Enrollment must fire reps.

Enrollment managers are being told to fire staff so they dont pay severance or tuition benefits. If your only making 3 to 4 Regs per month chances are you will get a write up or terminated. They are pushing reps to do the unethical and make the quota... — read more 

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| 1460 views | | 8 replies (last January 10, 2017)
Post ID: @OP+L0NODzm

Faculty?

Any faculty layoff rumors?

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| 920 views | | 3 replies (last December 30, 2016)
Post ID: @OP+KZbsT9r

Certification layoffs

Does anyone know what's going on with the certification layoff? Still technically in the plans until late February, but they've lost more people than needed to be laid off and the last 9 people on the initial layoff are now on their 3rd extension... — read more 

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| 960 views | | 3 replies (last December 23, 2016)
Post ID: @OP+KZ4GiL7

Apollo Global also investing in Laureate

"Laureate Education, a Baltimore-based firm that owns and operates universities around the world, is planning to raise $383 million by selling stock privately to a group of six investors that includes Apollo Global Management and The Abraaj Group."... — read more 

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| 1560 views | | 6 replies (last January 4, 2017)
Post ID: @OP+KYUjmn0

ED giving Apollo a better deal

ED is giving Apollo a better deal. Will they take it now? http://www.wsj.com/articles/education-department-amends-terms-of-approval-for-apollo-education-privatization-1482330125

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| 1280 views | | 5 replies (last December 21, 2016)
Post ID: @OP+KX3D8C1

I heard dhat

Enrollment gonna have layoff 2dae Time fo KFC n slaw. You feel meh. Happy holidays y'all , Camden where you at?

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| 1210 views | | 6 replies (last December 22, 2016)
Post ID: @OP+KXVeniy

8k on 10/14/2016 -- You Control Their Performance Bonus!!! (Question: Are all UOPX changes short-term Bonus-centric??)

B. For each Performance Period, the performance objectives may be based on ONE OR MORE of the following criteria: (i) pre-tax or after-tax net earnings or net income, (ii) sales or revenue growth or other revenue or sales objectives, (iii) cash flow... — read more 

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| 1020 views | | 5 replies (last December 16, 2016)
Post ID: @OP+KQk8SRW

8K on 11/25/2016 Gainful Employment = Substantial Costs

CAUSES OF CONCERN: (1) "Based on the draft rates, University of Phoenix programs representing approximately 16% of the University’s total degreed enrollment as of August 31, 2016 FAILED TO SATIFY EITHER OF THE TWO MNIMUM DEBT SERVICE-TO-EARNINGS... — read more 

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| 930 views | | 2 replies (last December 16, 2016)
Post ID: @OP+KQEPZ8d

8K on 12/8/16

CAUSES FOR CONCERN: (1) "Requirement that the University of Phoenix and Western International University will BE REQUIRED TO MAINTAIN ENROLLMENT LEVELS THAT ARE NO HIGHER THAN THE ENROLLMENT LEVELS ON THE DAY BEFORE THE MERGER" (2) "Requirement that... — read more 

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| 972 views | | 4 replies (last December 18, 2016)
Post ID: @OP+KQJLOMr

Department of Education

With the DoE's decision does the $385 million dollar line of credit/reserve apply only to the incoming buyer (Apollo Global) or does it apply to current owner (Apollo Education) as well even if the sale does not go through?

Deal may fall through

The U.S. Department of Education today approved the application of the Apollo Education Group, owner of the University of Phoenix, to convert from being a publicly-traded company to one owned by private equity firms and still keep its eligibility for... — read more 

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| 1770 views | | 8 replies (last December 9, 2016)
Post ID: @OP+KKQNo3k

Burning through a lot of cash

Burning through a lot of cash. New commercials on major networks and shows cannot be producing new enrollments because of the place's bad rep. So the illusion of doing something when nothing can be done except close and lay off is coming closer. What... — read more 

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| 1370 views | | 8 replies (last December 10, 2016)
Post ID: @OP+KJEVcz9

Call FTC and DOE

FTC is suppose to be investigating this 'place'...on their business practices. One point would be how often the Stop on Demand (recording of phone calls software) works. How often it works? Constant technical issues with this software. Finance is... — read more 

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| 790 views | | 2 replies (last December 7, 2016)
Post ID: @OP+KJjmgaC

Up to 3 colleges now Constant St. Germ

Next college on your list to take over is Business, correct St. Germ?? You are slowly but surely managing to take over the university as you planned all along, college by college. Anyone perceived as a threat to your endgame you continue to have... — read more 

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| 2490 views | | 33 replies (last March 1, 2017)
Post ID: @OP+KIw9LP3

Chapter 7 bankruptcy

Has anyone considered or filed Chapter 7 bankruptcy in the past? With me being unemployed for 6 months now and unable to pay all my creditors, I am considering it. Every time an employer sees the degree on my resume, i feel like I am laughed at. How... — read more 

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| 1070 views | | 5 replies (last December 8, 2016)
Post ID: @OP+KHIRLaN

In enrollment if you dont enroll students you get fired. If you enroll students regularly you get paid every 2 weeks.

If i dont enroll students i get fired so my reward for enrolling students is money. How the hell the DOE doesnt see that is beyond me. Im beginning to see that DOE and other federal agencies want UOP to max out all posdible loans for their own... — read more 

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| 2170 views | | 20 replies (last December 26, 2016)
Post ID: @OP+KFBskLT

Trump, Devos, and University of Phoenix

How will the Trump administration's new Department of Education affect University of Phoenix? https://www.linkedin.com/pulse/educational-corruption-devos-devolution-dahn-shaulis?published=u

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| 1100 views | | 3 replies (last December 2, 2016)
Post ID: @OP+KDRKYn1

Gainful Employment Penalties Start January 1st?

I believe Gainful Employment was supposed to kick in on January 1st. Programs where students were paying more than 20% of discretionary income or 8% of total earnings would be sanctioned.

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| 2080 views | | 13 replies (last December 2, 2016)
Post ID: @OP+Kx9acUt

DoE just end it

Tell us what days we will have off for Thanksgiving and Christmas, great. Make plans. Two weeks later, now, tell us you have to work. How do you expect employees to believe any management at the highest level. Let's reopen those surveys on our... — read more 

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| 1530 views | | 7 replies (last November 30, 2016)
Post ID: @OP+Ktumkc0

Laughing

I am sitting here reviewing my week and MY future here at the University of Phoenix. I thought how would I sum up my career at the University of Phoenix in one word. That word would be ahhgangeeeoooooo. I cannot stop laughing. My head is down on my... — read more 

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| 1610 views | | 8 replies (last November 30, 2016)
Post ID: @OP+KsnTHWu

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