Thread regarding Universal Technical Institute Inc. layoffs

Layoff notices ahead of next week's earnings call--or afterward?

UTI will need to have some good news for its shareholders. If their enrollment is down again, and they are losing money, they will need to further reduce labor costs. RIFS also give shareholders more confidence.

The earnings call is scheduled for Wednesday, February 1st.

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7 replies (most recent on top)

Yep, the next couple days should be interesting.

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Post ID: @LAJ4JuL-3moj

I hear from the Ranch that Hime Office is setting up some sort of live feed to the campuses. All the big wigs are gathered in Snottsdale for a meeting.

Something is brewing. Todays earnings call will be telling.

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Post ID: @LAJ4JuL-3dfl

It will be underpreforming campuses next. Just a matter of time.

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Post ID: @LAJ4JuL-2ilo

True, but sometimes there is no method to their madness.

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Post ID: @LAJ4JuL-1ngl

Home office employees are moving around to consolidate space this week and next to be able to lease out the first floor space.. I would think that if it was a home office RIF they would've done it already to save all the work and time of everyone moving

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Post ID: @LAJ4JuL-1jee

Anyone know what departments will be affected?

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Post ID: @LAJ4JuL-1nqp

I am going to guess the notices will hit Friday. They will anounce their plan during the call.

I hear one campus has dropped about 200 students since last year. Running at ~40% capacity.

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Post ID: @LAJ4JuL-efj

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