Topics regarding layoffs at Nelnet Inc.

Topics regarding layoffs at Nelnet Inc.

More Layoffs?

There have quietly been additional layoffs at Nelnet since 500+ employees were let go last March. For example, a few weeks ago, several IT employees were told their jobs are being eliminated in January. Are any other areas of Nelnet seeing this too? — read more 

2022 Nelnet lay off

As of 5/22 nelnet has laid off employees (50+ or more ppl ) and told them they'd pay them for 2 weeks . They call the chopping block career opportunities. They are offering employment with other companies with no smooth transfer just an... — read more 

SLABS

"Metaphorically, SLABS are like Soylent Green, the subject of the dystopian movie that came out in 1973 and portrayed New York City in 2022. It's not until the end of the film that audience is told that the food that people were fighting for... — read more 

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| 1063 views | | 1 reply (January 28, 2022)
Post ID: @OP+1bZjokyO

Debt Sentence

Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. https://www.proquest.com/docview/2540743739?pq-origsite=gscholar&fromopenview=true

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| 690 views | | 1 reply (July 10, 2021)
Post ID: @OP+1bHtwjS0

SLABS (of Garbage)

"The issuers—student-loan packagers like Navient Corp. and Nelnet Inc.—do not want their bonds downgraded. The investors who own the bonds do not want them downgraded....You just extend the maturity date. If the bond matures in 2026, and you aren’t... — read more 

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| 787 views | | no replies yet
Post ID: @OP+12TwLmgz

PHEAA out in 2022

"As the Biden administration seeks to reform the troubled student loan industry, FedLoan’s portfolio of 8.5 million loans will be carved up and dispersed over the coming year to four other servicers: Mohela, Navient, Nelnet, and Edfinancial... — read more 

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| 1313 views | | no replies yet
Post ID: @OP+1ebTwQNH

Nelnet and College Meltdown 2.0

"Student loan servicers and private student loan companies (Navient, Sallie Mae, Nelnet), publishers and other edtech enterprises (Chegg, Barnes & Noble Education, Coursera, and Guild Education) are implicated or at least entangled in the mess. ... — read more 

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| 882 views | | no replies yet
Post ID: @OP+1fpU4UjF

More layoffs

https://seekingalpha.com/news/3925628-nelnet-to-reduce-workforce-by-560-associates-in-its-diversified-services-division They just did layoffs barely 2 months ago...

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| 590 views | | no replies yet
Post ID: @OP+1kLcZ2GS

Another Nelnet Terming

As of 11 am on today, Nelnet send emails to employees that are not located in brownsville, tx, near lincoln and omaha letting them know they have 60 days of employment left due to the FSA changing the way the federal clearance is completed.

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| 744 views | | no replies yet
Post ID: @OP+1lMFYgC6

I'm one of the lucky ones...

I was recently laid off from Nelnet. As someone mentioned in another thread, Nelnet is doing this slowly and methodically to avoid filing WARN notices, which would cause the media to find out. Over the last year+, Nelnet has let go of over 1,000... — read more 

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| 892 views | | no replies yet
Post ID: @OP+1t0ZO7we

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