Thread regarding University of Phoenix layoffs

Be prepared for more layoffs in the future, from Barrons..... http://blogs.barrons.com/stockstowatchtoday/2013/10/23/investors-profit-from-for-profit-colleges-as-apollo-group-surges-on-earnings-surprise/?mod=yahoobarrons&ru=yahoo...."Apollo Group reported big fourth-quarter earnings upside and fiscal 2014 guidance well above consensus on solid cost controls as a result of faster- and larger-than-expected ground campus footprint and headcount reductions that will nearly match revenue losses resulting from continued demand pressures. We continue to believe management is building a leaner and better education model, and while we will need to see more evidence of a sustainable turn in demand to get more positive on the stock for the long term, we believe management’s recent price cuts should stimulate enough demand and retention progress to keep the stock working in the near term."