Laureate Education Layoffs

Topics regarding layoffs at Laureate Education

Selling off AUS and NZ

Laureate Education (LAUR -0.5%) has tasked Goldman Sachs with finding a buyer for its Australian and New Zealand business, reports Australian Financial Review. https://seekingalpha.com/news/3521316-laureate-education-considers-asset-sale

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Post ID: @12bgNTKK

Bottom line?

Laureate continues to lose money, but you wouldn't know it by listening to the... —  read more 

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Post ID: @11YXnySw

Layoffs

So there is a rumor this company is going to either sell off the rest of the schools or have massive layoffs outside the East coast.

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Post ID: @11WUq4rG

Here For Good? B-Corp BS

Here are Laureate's B-Corp disclosures which include the scandals in Chile, Spain and Turkey. https://s3.amazonaws.com/blab-impact-published-production/public/XVw94vR11mV9UzRa5IovWbb8watsYpXS9bMvu6k1 Portugal was not included.

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Post ID: @118q4OBl

Laureate collapse

Here's an update to my College Meltdown report: Subsidiary Walden University has second largest US student loan debt ($9B) LAUR only makes a profit by selling off schools LAUR has been underwater with debt since IPO Balance sheet has always... —  read more 

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Post ID: @113YXM01

Cintana

https://www.bizjournals.com/baltimore/news/2019/08/27/former-laureate-ceo-doug-becker-launches-another.html?ana=yahoo&yptr=yahoo

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Post ID: @10YUdAjq

Wengen trying to sell off more shares

"Laureate Education, Inc. (LAUR) (the “Company”) today announced the commencement of an underwritten secondary offering of 15,000,000 shares of the Company’s Class A common stock by Wengen Alberta, Limited Partnership (the “Selling Stockholder”), the... —  read more 

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Post ID: @10XyMWBm

Is Laureate cooking the books?

Check out the balance sheet. Do you really believe the numbers? https://www.sec.gov/ix?doc=/Archives/edgar/data/912766/000162828019010364/laur6302019-10xq.htm

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Post ID: @10vN1ON2

Another bloodbath?

How many school closings will be in the next 10Q? Next earnings call August 8th at 8:30 am. https://seekingalpha.com/pr/17568832-laureate-education-announces-date-second-quarter-2019-earnings-release-conference-call —  read more 

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Post ID: @ZZsZoFg

Irony of ironies...

It's interesting that DB could envision the US College Meltdown, but not the collapse of his own system. https://thepienews.com/news/laureate-ceo-tne-driven-access-not-politics/ —  read more 

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Post ID: @ZR6yHbK

Here For Good?

"Laureate Education Inc. (LAUR) is fighting for survival. The international for-profit system of colleges is no longer backed by the Clinton Foundation. Its founder Doug Becker was ousted in 2018 with an enormous golden parachute. And its rich and... —  read more 

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Post ID: @ZKEyP7h

Pump and dump

More on Wengen dumping Laureate shares... http://www.globallegalchronicle.com/laureate-educations-167-6-million-class-a-common-stock-secondary-offering/ —  read more 

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Post ID: @ZJ4Viq0

Brazil blow up spells trouble for Laureate

Laureate has been downsizing so fast that they have made Brazil an essential part of their network. And now Brazil is blowing up. The recent 10 percent loss in revenues is probably just the beginning. https://www.bbc.com/news/business-48386415... —  read more 

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Post ID: @ZJ6Bup7

Laureate 2015-present

Sold or closed schools Centro Universitário do Norte – UniNorte (Brazil) (sold 2019)[2] Les Roches Jin Jiang International Hotel Management College (China) (sold 2016)[3] Xi'an Jiaotong-Liverpool University XJTLU (China) (Laureate's online program... —  read more 

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Post ID: @ZHBsG12

KKR

What's up with Henry? https://www.sec.gov/Archives/edgar/data/912766/000114036119011277/formsc13da.htm —  read more 

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Post ID: @ZEpXuYR

Earnings estimates

And if they can't meet earnings? "Four analysts have made estimates for Laureate Education’s earnings. The lowest EPS estimate is $0.47 and the highest is $0.69. " "According to Zacks, analysts expect that Laureate Education will report full-year... —  read more 

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Post ID: @ZxAm6g6

COO and CEO of Brazil out

Rearranging the deck chairs on the Titanic... https://seekingalpha.com/pr/17539265-laureate-coo-ricardo-berckemeyer-step-helping-build-global-education-leader —  read more 

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Post ID: @ZuedME9

Laureate and the College Mania!

Laureate was just a symptom of a madness, brought on by a contagion of greed, a College Mania! that is still perpetuated by bankers and other investors. https://www.linkedin.com/pulse/college-meltdown-open-letter-ny-fed-dahn-shaulis/?published=t —  read more 

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Post ID: @ZtYcVTH

What has Laureate been like with KKR and others in charge?

"The findings cast a shadow over private equity's involvement in higher ed, with buyouts tied to less spent on education, higher tuition, more debt per student, lower graduation and repayment rates, and lower earnings for graduates."... —  read more 

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Post ID: @ZhhgTId

Laureate unloads UniNorte

"The sale of Centro Universitário do Norte (UniNorte) is for ~$49.9M at the current exchange rate), which includes the assumption of net debt in the amount of ~$2.5M." https://seekingalpha.com/news/3451354-laureate-unloads-uninorte —  read more 

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Post ID: @YCmoYOe

Did SAC push DB off the Board?

Did SAC push DB off the Board once his privileges were restored? https://www.sec.gov/Archives/edgar/data/912766/000089914019000010/c27201225a.htm —  read more 

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Post ID: @X5qlHbS

Company future in jeopardy.

Soon they will sell their biggest asset (Walden) so investors can get their money. After that all the other schools will close or be sold off. Doug Becker was the glue to this company and he was ousted as CEO and now from the Board. Good luck.

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Post ID: @WLwtSL7

Founder bails

DB off the Board. https://seekingalpha.com/pr/17355263-laureate-education-announces-changes-board-directors —  read more 

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Post ID: @WAGzbBk

Laureate Education unloads universities in Spain and Portugal

Laureate Education (NASDAQ:LAUR) says it inked a deal to sell its institutions in Spain and Portugal to a company backed by the Permira funds for €770M ($871M at the current exchange rate). The institutions included in this agreement are Universidad... —  read more 

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Post ID: @WARSYYV

"Here For Good"

How ironic. https://seekingalpha.com/pr/17351223-laureate-education-recognizes-outstanding-students-faculty —  read more 

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Post ID: @WvbOYwS

Where's the next school to sell off...

Laureate's only "profits" since the IPO has been to sell off assets. "For the nine months ended September 30, 2018, revenue was $2,436.5 million, an increase of $1.8 million compared to the nine months ended September 30, 2017. Operating income... —  read more 

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Post ID: @WqrNAZ1

Who is Bregal Europe?

I totally missed this huge transaction. Who is Bregal Europe? https://www.sec.gov/Archives/edgar/data/912766/000110465918070646/a18-40913_1sc13da.htm —  read more 

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Post ID: @WpXfVoW

What will happen in Brazil?

What will become of Laureate in Brazil now that Jair Bolsonaro is in charge? Can they bribe his administration enough to stay highly profitable there?... —  read more 

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Post ID: @WpCWqPt

Parent Company Laureate Education Cleared in DOJ Probe

"Laureate Education (NASDAQ:LAUR) discloses that the Department of Justice closed its inquiry into possible violations of the U.S. Foreign Corrupt Practices Act. The company also received a letter from the SEC on the closing of the agency's... —  read more 

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Post ID: @WpBHFkT

Laureate Education cleared in DOJ probe

"Laureate Education (NASDAQ:LAUR) discloses that the Department of Justice closed its inquiry into possible violations of the U.S. Foreign Corrupt Practices Act. The company also received a letter from the SEC on the closing of the agency's... —  read more 

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Post ID: @WpyQ0zb

Laureate Education cleared in DOJ probe

"Laureate Education (NASDAQ:LAUR) discloses that the Department of Justice closed its inquiry into possible violations of the U.S. Foreign Corrupt Practices Act. The company also received a letter from the SEC on the closing of the agency's... —  read more 

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Post ID: @WplhIbb

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