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Corinthian Colleges Inc. Layoffs

Messages relating to layoffs at Corinthian Colleges Inc. are presented below the company info.

Corinthian Colleges Inc.

Company information:

Industry/Area of Activity:
Specialty Retailers & Services
Company Stock Ticker:
COCO
Stock traded at:
NASDAQ
Industry Code:
5377

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Posts regarding layoffs at Corinthian Colleges Inc.

Go to thread Anonymous31649, Friday 08/29/14 02:58:09 UTC

'In the midst of winding down operations'

That means closing, people. Get it now?
Reply to this post | This thread: No replies yet
Go to thread Anonymous31648, Friday 08/29/14 02:57:10 UTC

Gee, think that third party was ECMC?

Nah. They're buying us and turning into a college. (Not.)
Reply to this post | This thread: No replies yet
Go to thread Anonymous31647, Friday 08/29/14 02:56:16 UTC

Corinthian Colleges, Hurting For Cash, Sells Student Loans

Corinthian Colleges, in the midst of winding down operations under an agreement with the Department of Education, still needs cash to keep going. But after selling a multimillion-dollar portfolio of student loans, the for-profit college operator has drawn a strong rebuke from financial regulators, according to a disclosure filed Monday.
Reply to this post | This thread: No replies yet
Go to thread Anonymous31645, Friday 08/29/14 02:51:42 UTC

'If there are no buyers, the school will close according to the DOE plan.' School Daze article

Proof CCI is closing if it doesn't sell.
Reply to this post | This thread: 26 views | 2 replies
Go to thread Anonymous31627, Friday 08/29/14 00:28:39 UTC

Headed to Mr. Big's house for the orgy. He is releasing 4 coeds he kept caged in his basement the last 4 years for our enjoyment!

Reply to this post | This thread: 88 views | 5 replies
Go to thread Anonymous31624, Friday 08/29/14 00:21:16 UTC

A New Gem from Kent Jenkins . . .

CCi is “addressing the issue of our campus sales openly and honestly.” http://www.nbcnews.com/news/education/school-daze-students-troubled-corinthian-colleges-say-theyre-dark-n190456
Reply to this post | This thread: 111 views | 2 replies
Go to thread Anonymous31621, Friday 08/29/14 00:14:26 UTC

Obama: We'll Protect You Against Predatory Colleges. Students: Please Do

New Huffington Post article focusing CCi and others: http://www.huffingtonpost.com/davidhalperin/obama-well-protect-you-ag_b_5732486.html?utm_hp_ref=college&ir=College
Reply to this post | This thread: 7 views | No replies yet
Go to thread Anonymous31601, Thursday 08/28/14 23:38:11 UTC

FACINATING TRUE STORY

I REALLY HOPE JACK ASSAMINO,BETH I SOLD MY SOUL TO THE DEVIL, BOB B BACK WHEN I WAS A PRESIDENT, NIKKI I DONT KNOW HOW A GOT HERE JUST CLICKED MY HEELS THREE TIMES ALL READ THE BOARD. THE SHIT THAT SAID ABOUT YOU 4 IS HILARIOUS I LAUGH FOR HOURS.
Reply to this post | This thread: 10 views | No replies yet
Go to thread Anonymous31568, Thursday 08/28/14 22:05:24 UTC

NBC News

After publishing a story about the Corinthian Colleges fallout, NBC News has been in touch with 74 students—through phone calls, emails, and Facebook—who told stories of advisers telling them the news about their school is “a rumor,” “a lie,” “gossip,” that the sale “wouldn’t affect” their studies, that they “shouldn’t worry at all,” that “everything will be okay.” Virtually none of these students remember receiving related correspondence from the school in the weeks following the announcement. http://www.nbcnews.com/news/education/school-daze-students-troubled-corinthian-colleges-say-theyre-dark-n190456
Reply to this post | This thread: 315 views | 6 replies
Go to thread Anonymous31567, Thursday 08/28/14 21:58:12 UTC

BUT...BUT....BUT....ECMC IS BUYING US??? I AM KEEPING MY JOB...RIGHT???

HAHAHAHAHAHAHAHA...*wipes tear
Reply to this post | This thread: 116 views | 4 replies
Go to thread Anonymous31555, Thursday 08/28/14 21:08:10 UTC

How many students does it take to pay the $4,572,000 in annual rent on HQ?

Reply to this post | This thread: 156 views | 3 replies
Go to thread Anonymous31552, Thursday 08/28/14 21:05:54 UTC

Jeans? Sweats Pants and Flip Flops!!!

Time for an upgrade
Reply to this post | This thread: 79 views | 1 reply
Go to thread Anonymous31550, Thursday 08/28/14 20:53:07 UTC

Jeans

Wear your jeans the rest of the year! We want you to be comfortable while you move us out of HQ
Reply to this post | This thread: 72 views | 1 reply
Go to thread Anonymous31540, Thursday 08/28/14 20:01:58 UTC

CCi! Please take notice--The first of the month is on Monday. You have both an interest payment and the rent on HQ due. Avoid the LA Times.

And please don't forget about payroll next Friday.
Reply to this post | This thread: 85 views | 1 reply
Go to thread Anonymous31539, Thursday 08/28/14 19:49:21 UTC

ECP Staff Meeting Today at 12pm.

Shout out to ECP. What went down in meeting today? Thanks!
Reply to this post | This thread: 460 views | 2 replies
Go to thread Anonymous31481, Thursday 08/28/14 17:59:17 UTC

The heyday of for-profit education is over

And so are the days of Enrollment reps making big bucks. Industry is contracting (meaning fewer jobs) and paying less (due to regulations.) Both are good things for the country. Some of you folks may have to get a real degree from a real school and start over from scratch. Others will simply have no choice but to go back to that cell phone kiosk and back to your true market value.
Reply to this post | This thread: 313 views | 9 replies
Go to thread Anonymous31479, Thursday 08/28/14 17:51:14 UTC

Outreach to Executives

We are asked to hound our students to get them to return to school. Wouldn't it be appropriate it we got the executives phone numbers so we can hound them to return communication about what is the progress of sales, closings, etc?
Reply to this post | This thread: 301 views | 10 replies
Go to thread Anonymous31469, Thursday 08/28/14 17:38:19 UTC

Hello This is Jack Massamino

Hide your wife, hide your kids
Reply to this post | This thread: 78 views | 1 reply
Go to thread Anonymous31468, Thursday 08/28/14 17:36:59 UTC

How much would you spend to get paid $381,000 right away?

CCi sells $75M in loans for $19M less expenses. The landlord pays a few hundred dollars to collect $381,000 right away. Who is making better decisions? Any why didn't CCi simply pay before the suit was filed?
Reply to this post | This thread: 190 views | 5 replies
Go to thread Anonymous31466, Thursday 08/28/14 17:27:58 UTC

How quickly things change

August 19, 2014: "In addition to disclosures required by the Department, we provided disclosures for veterans (in cooperation with veteran’s organizations such as the California State Approving Agency for Veterans Education); California students (in cooperation with the California Attorney General); and for Everest College Phoenix (ECP) students (in cooperation with the Higher Learning Commission – ECP’s accreditation agency)." Just a few days later there is no reason to disclose anything to California veterans, since the funding was completely cut off. Source: http://investors.cci.edu/common/download/download.cfm?companyid=COCO&fileid=778171&filekey=2E3148C7-D8CE-41BC-AC6F-682A176F3EEB&filename=Talk_Pts_Student_Disclosures_8-19-14.pdf
Reply to this post | This thread: 3 views | No replies yet
Go to thread Anonymous31463, Thursday 08/28/14 17:23:01 UTC

Student managed facebook page about Everest

Our students are providing us more information than the executives! Join the “Everest University Concerns" Facebook group. Mike Smith, Everest Online student, created it.
Reply to this post | This thread: 352 views | 6 replies
Go to thread Anonymous31460, Thursday 08/28/14 17:09:33 UTC

...Keep the good times rolling!

http://www.nbcnews.com/news/education/school-daze-students-troubled-corinthian-colleges-say-theyre-dark-n190456
Reply to this post | This thread: 150 views | 4 replies
Go to thread Anonymous31452, Thursday 08/28/14 16:53:18 UTC

What's an Everest University Online (EUO) degree worth?

That's my question after reading, "OMG its time to face reality. I hit the job boards last night and it's really scary what's out there. I saw a job posting asking for a bachelors degree yet the pay rate was $11/hr. WTH???!!! Since when?? I say I'm done with this industry and even it isn't paying like it used to but d@mm!!!"
Reply to this post | This thread: 108 views | 5 replies
Go to thread Anonymous31446, Thursday 08/28/14 16:38:47 UTC

Jeans

Good news you can wear jeans for the rest of the year...omg my life is on track now. Thanks to the top leaders we have on site I can now sleep at night because I've been waiting for this moment for days now.
Reply to this post | This thread: 183 views | 5 replies
Go to thread Anonymous31445, Thursday 08/28/14 16:33:18 UTC

NT 10-K & Excuses (reasons)

When will the NT 10-K be filed, and what will the claimed, so-called reason be? My guess is that the reason will have nothing to do with "sufficient financial resources."
Reply to this post | This thread: No replies yet
Go to thread Anonymous31439, Thursday 08/28/14 16:18:07 UTC

"sufficient financial resources to make this payment at all times." Is it 'subprime' students or subprime management?

That's why the 21 day funding delay is such a big deal, or was that the reason HLC cut ECP's enrollments off, or was it why ED required teach-out plans filed for every campus, or possibly the sufficient financial resources is what State of Illinois and Durbin neglected to see, or is this about the $28M cash in the bank the financial analyst at ED was asking about, or maybe this is about double sided printing and toner, or maybe it's about vacation confiscation, or possibly the pay being cut 10% for many employees, or is sufficient financial resources the reason for the Wyotech garage sale? Did I forget about the Chief Restructuring Officer (CRO), or maybe I forgot about the ED Monitor Fitzgerald? Possibly, with all the financial resources, the California Vets can just be ignored, as if they never existed? Maybe the sufficient financial resources are coming from all the campuses whose population is down 50% or more? What the heck.
Reply to this post | This thread: 22 views | 1 reply
Go to thread Anonymous31427, Thursday 08/28/14 15:19:26 UTC

Let's play word association. When I say LIARS, what comes to mind first?

Reply to this post | This thread: 247 views | 13 replies
Go to thread Anonymous31424, Thursday 08/28/14 15:12:16 UTC

Plenty of financial resources is why the paycheck is missing 10%, right?

Reply to this post | This thread: 169 views | 2 replies
Go to thread Anonymous31417, Thursday 08/28/14 14:53:52 UTC

Chicken or the Egg?

Who gets closed first? Tampa or Colorado Springs?
Reply to this post | This thread: 12 views | No replies yet
Go to thread Anonymous31413, Thursday 08/28/14 14:19:45 UTC

First the book sellers, then the landlords......who do we not pay next?

Hmmmm......Hmmm........ Payroll?
Reply to this post | This thread: 112 views | 4 replies
Go to thread Anonymous31410, Thursday 08/28/14 13:44:11 UTC

CHECK IS IN THE MAIL!

Dear landlord, please disregard the utilities check I mail you by mistake. Please send back, I'm sending you a new check for rent. Please except this as an apology simple error. Dear utilities company please disregard the check made out to the landlord company, I'm sending you a new check for utilities sorry mistake. Dear golf course please disregard all the payroll checks mailed to you by mistake, your check will arrive on time. Sincerely; Kent Jenkins CCi.
Reply to this post | This thread: 40 views | 1 reply
Go to thread Anonymous31407, Thursday 08/28/14 13:32:19 UTC

We have sufficient financial resources to pay any ONE vendor. Just don't press your luck about increasing the count.

Why didn't the rent get paid sooner, before the landlord filed suit?
Reply to this post | This thread: 94 views | 4 replies
Go to thread Anonymous31402, Thursday 08/28/14 12:36:11 UTC

Rent has been paid people

A Corinthian spokesman, Kent Jenkins, said the company has since paid the rent in full and had "sufficient financial resources to make this payment at all times."
Reply to this post | This thread: 246 views | 2 replies
Go to thread Anonymous31397, Thursday 08/28/14 10:56:34 UTC

If we aren't paying vendors, I wonder if we paid Shred-Ex in cash for their nocturnal work the last 2 weekends?

Reply to this post | This thread: 186 views | 5 replies
Go to thread Anonymous31396, Thursday 08/28/14 10:29:44 UTC

OMG

OMG its time to face reality. I hit the job boards last night and it's really scary what's out there. I saw a job posting asking for a bachelors degree yet the pay rate was $11/hr. WTH???!!! Since when?? I say I'm done with this industry and even it isn't paying like it used to but d@mm!!!
Reply to this post | This thread: 173 views | 5 replies
Go to thread Jack & Jill (Department of Education), Thursday 08/28/14 08:36:49 UTC

If they don't share any news with us, then the news are not good. And if they hide bad news from us, then we don't trust them!

Why continue to work for those who you don't trust???
Reply to this post | This thread: 142 views | 2 replies
Go to thread Anonymous31383, Thursday 08/28/14 06:38:14 UTC

Will the landlord remove that CCi garbage from the building Nuremburg style?

http://youtu.be/5VeuE5BZOY4?t=9s
Reply to this post | This thread: 15 views | No replies yet
Go to thread Anonymous31380, Thursday 08/28/14 06:35:39 UTC

Can someone name the Socle clients that have left Socle?

I can't and was wondering if anyone can. Oh before anyone can say it Socle is golden, blah blah, etc....
Reply to this post | This thread: 268 views | 6 replies
Go to thread Anonymous31360 (In Trouble), Thursday 08/28/14 04:57:46 UTC

I took one for the team...

This is Jack, I sold my place. I'm moving into the 4th floor. What can y'all do?? PS. Disclaimer...I'm still taking my bonus!!!
Reply to this post | This thread: 116 views | 4 replies
Go to thread Anonymous31332, Thursday 08/28/14 03:30:35 UTC

Rent paid, according to Jenkins

"A Corinthian spokesman, Kent Jenkins, said the company has since paid the rent in full and had "sufficient financial resources to make this payment at all times." He did not respond to questions about why the lawsuit was filed, saying the company cannot speak for the landlord."
Reply to this post | This thread: 489 views | 15 replies

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