Thread regarding Universal Technical Institute Inc. layoffs

UTI Balance Sheet

Looks like a slow drain. Total assets down about 10 percent since 2016.

(2016) $297.16M

(2017) $274.10M

(2018) $282.28M

(March 2019) $260.34M

Total equity down $24 million

(2016) $136.61M

(2017) $125.78M

(2018) $126.65M

(March 2019) $112.23M

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Post ID: @Zu7V95q

3 replies (most recent on top)

staff are heading for the exits in growing numbers. Most common phrase heard now in the hallways is "when is your last day?" Even the overpaid and underqualified presidents and VP's at home office are looking for the exits as this thing drags on for another four months. UTI has reached that tipping point when the hassle of finding a new job and uprooting is preferable to the danger of staying with a company with such a bleak outlook. time to go

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Post ID: @Zu7V95q-aehv

Free community college. Does that accelerate the headwinds?

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Post ID: @Zu7V95q-1lhk

Simple: economic headwinds.

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Post ID: @Zu7V95q-1qlj

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