Laureate Education Layoffs

Topics regarding layoffs at Laureate Education

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: @OP+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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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: @OP+ZZsZoFg

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: @OP+ZHBsG12

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: @OP+ZKEyP7h

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: @OP+ZuedME9

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: @OP+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: @OP+ZxAm6g6

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.

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: @OP+WqrNAZ1

Laureate leaders leaving

http://dailycaller.com/2017/12/27/exclusive-top-execs-continue-to-flee-clinton-linked-laureate-education/

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Post ID: @OP+QYfmJ8I

Executives Shift Places

Laureate Education Inc. announced Thursday that effective Jan. 1, 2018, Eilif Serck-Hanssen will become the for-profit company's new chief executive officer and Ricardo Berckemeyer will take over as the company's president. Serck-Hanssen is replacing... —  read more 

Out of Touch Waddell Reed is Banking on Laureate

Waddell Reed now holds more than 5M shares in Laureate (more than 10% of LAUR shares). https://www.sec.gov/Archives/edgar/data/912766/000119312517280605/d436005dsc13g.htm My guess is that they hope to make better returns with this risky investment... —  read more 

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Post ID: @OP+PeuuKNQ

Strategic Partnerships Corruption

What's happening at Strategic Partnerships? I'm hearing UoPX cronies have taken over. Also heard some disturbing information about employees are treated. Does anyone care about labor violations at Laureate? How many people know but aren't willing to... —  read more 

Layoffs are coming March 31

Company selling off schools, tightening budgets ahead of IPO launch. Major layoffs at end of this month, end of first quarter. Watch and see.

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Post ID: @OP+GvPue06

Laureate may be prettying up its financials

These massive cuts are the sort of thing a company might do before an IPO. Massive staff cuts make the expenses go down. Don't be fooled. The work still needs to get done.

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Post ID: @OP+z5hj7fI

Lay offs

LA CA office closed over 80 let go all instructional designers were let go today and course developers, media Team and other operations staff —  read more 

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Post ID: @OP+yxUJZfi

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: @OP+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: @OP+10vN1ON2

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: @OP+118q4OBl

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.

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: @OP+11YXnySw

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: @OP+12bgNTKK

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