Thread regarding SAE Institute (formerly the School of Audio Engineering) layoffs

Released April: Navitas one of largest decliners. Company on the decline in next 5 years

Education service provider Navitas (NVT) was one of today's largest decliners. NVT lost 4.29% to end the day at $4.69. The company released an announcement today noting that enrollment growth had moderated following a drop in Nepalese and Indian applicants. The earlier growth in this market is now expected to have subsided after a tightening of the international student application process. In addition, there has been a material reduction of domestic enrollments for the company after Macquarie University chose not to renew the company's college agreement.: https://www.tradingfloor.com/posts/australian-market-wrap-sp-asx-200-dips-05-mining-stocks-bloodbath-4228816

by | Post ID: @AQlcCee
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3 replies (most recent on top)

They let go more people at the top and taking their time filling the CEO, COO positions. Why? because it's a way of saving money. Believe me when I say, SAE does not have money.

by | Post ID: @AQlcCee-2W07

As long as I get my paycheck. Need SAE to fund my real job

by | Post ID: @AQlcCee-1uTs

Do you think they'll still give us financial support? SAE in total has been a financial burden to them since Tom sold it.

by | Post ID: @AQlcCee-JS2

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