Thread regarding Universal Technical Institute Inc. layoffs

UTI slashes dividend 80%

Wow....stuff like this doesn't happen to healthy companies. UTI just admitted they are screwed, in my opinion. Demolishing the quarterly dividend from $0.10 per share to a mere couple copper pennies is not the way to reverse the share price slide.

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Post ID: @DwpFUrS

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They have had a Riff going on for the last 2 years and by taking benefits and money from the employees and making life miserable for them the Employee leaves and they do not have to pay them any severance pay. I was one of the victims. This job went from the best to the worst.

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Post ID: @DwpFUrS-mrOn

UTI stock starting to look like toast. An 80% reduction in dividends means more layoffs....................................http://finance.yahoo.com/news/universal-technical-institute-announces-quarterly-220000986.html

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