Thread regarding University of Phoenix layoffs

@3597

Stock is only increasing because the company has made severe, yet subtle cuts. They took away all of the plastic forks in our building, hired a cheap janitorial company and fired the old one, laid off some very high paid employees in the past few months, and didn't renew some of their leased buildings last year. All of these cuts have made the company appear to be gaining some profitability from the outside, however it is only inflated figures to keep the shareholders happy for the time being. If you notice, all of the VPs have sold off their shares of stock in the past month. Why? Because they know that they have drove the stock of temporarily but doing major cuts and that it is about to come crashing down again shortly so they cashed out before everyone caught on. (About as close to insider trading as it gets).

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