Thread regarding Education Management Corporation layoffs

Just In EDMC Lost court case: http://finance.yahoo.com/news/education-management-bond-plan-cannot-205540043.html

This is why the stock dropped (again), a few days ago, which means they kept this under wraps until the media just discovered it. Liquidation time folks! It's just around the corner. All the corporate naysayers, calling us looser, or outsiders or disgruntled employees or trolls, looks who was right all along. Not going to say I told you so, I am going to yell: I TOLD YOU SO!!!!!!!!!! If you didn't listen and seek alternate employment when you had the chance, it's your fault and your fault along. You were warned by multiple sources including the stock market, news articles, lawsuits, personal blogs, YouTube and just common sense.

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Post ID: @OP+C9qofU4

6 replies (most recent on top)

So has the company hit the life support stage yet?

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Post ID: @1CeS+C9qofU4

All BMC's will close

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Post ID: @7DT+C9qofU4

I don't understand, they told us not to worry about the 12 lawsuits they were currently fighting including the 11 billion one from the US Department of Justice. They told us all the others were just annoyances they would brush off with one swipe. How could I have ever imagined in my wildest dreams that they would lose at least one? Or that maybe some of them had legal merit.

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Post ID: @2VT+C9qofU4

I think this lawsuit means the other shoe just dropped. Can the last person in the room turn out the lights!

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Post ID: @DDi+C9qofU4

Well so much for that "teach out" speech we gave just a month ago. That lie didn't take long to come to fruition. Danm internet, why cant it be like the old days where you all would not have a clue until we locked the doors. You are just going to make our lives harder by jumping ship before we lock you out. Who in their right mind would come work for us now with such a shady and unstable future. We were counting on you guys to stay like Pavlov's dog. "come on boy, we got a good doggy treat for ya if you stay in it to the end" LOL

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Post ID: @WPe+C9qofU4

Butt Hurt much

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Post ID: @Ded+C9qofU4

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