Thread regarding Education Management Corporation layoffs

If enough faculty accept voluntary separation, will there still be some who go during the "involuntary" phase?

In our information session we were told specific numbers from each department (X in culinary, Y in graphic design, etc.) that they needed in the voluntary phase. Wondering if those numbers are met by takers of the enhanced package whether there will still be additional faculty cuts in the "involuntary" phase.

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Post ID: @OP+C08TCjx

9 replies (most recent on top)

@ 407 8500 shares have traded OTC in the last hour and a half @ $.155, the Is the fact, that's Market , not your theoretic BS... Better check your valuations and Brokerage service..

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Post ID: @2s52+C08TCjx

345 is the knucklehead here. Theoretically 1.7 cents/share, but try finding a buyer. OTC market works fine where there's volume but you need buyers as well as sellers derrrrr;

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Post ID: @2l2d+C08TCjx

Edmc was voluntarily delisted . It is publicly traded. Otc. ( over the counter) for you knuckleheads that don't know what you're talking about. Right now trading at justunder $.17 a share.

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Post ID: @2UJ2+C08TCjx

That's because you were kicked off the stock exchange for violations.

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Post ID: @1gaN+C08TCjx

We are not a publicly traded company. There is no stock.

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Post ID: @1G2G+C08TCjx

The stock is almost at zero. Everyone will go soon. Get out now. Soon yu will come to work, the doors will be locked and they will owe you a month's pay that you will never receive.

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Post ID: @1xzi+C08TCjx

I have heard in the past that CS sees 1 FT faculty per 100 students. I think once you hit this ratio your department is "safe". I think this is why some departments were not offered the voluntary package, meaning they were at this ratio currently.

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Post ID: @iRX+C08TCjx

Seriously, don't count on anything even if you survive this round or next. This place is a meat grinder and money extractor. At some point they need the money you're making and into the grinder you go. Be prepared.

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Post ID: @Y1b+C08TCjx

Everyone is still "Fair Game", still need to get past gainful employment impact date.

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Post ID: @gu2+C08TCjx

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