Thread regarding Corinthian Colleges Inc. layoffs

I was a part of the layoff on May 5th at Tempe, AZ location. This place is pathetic. They emailed about a secret meeting where our attendance would be tracked and sent this notification via email about 30 mins prior to the meeting. Everyone in my department received an email (with the exception of two directors) we were all pretty nervous and anticipated what this "meeting" was about. Once we gathered into the room they announced that our entire department was being laid off effective immediately and that we would have about 10 mins to quietly go to our desk and get our personal belongings as well as pack our desks. We were asked to exit out of the main front door so they could keep track of us. In the lay off announcement meeting one of us asked "why do you keep having new hire training classes to continue doing lay offs?" After about 20 seconds of those idiots staring at each other speechless Karmella gave some sort of corporate BS answer that avoided the question....said they hired based on business needs and blah blah. I couldn't believe another lay off was happening. It's like clockwork right after a few weeks after a start date passes and they know they didn't make money or meet enrollments someone gets the ax. Unfortunately it's getting to the point where it's entire departments. How about lay off those two directors from continuing dept who got to stay behind and watch everyone pack their desks and collect severance paperwork. Those mother f***ers should have been packing their stuff too. I'm sure the two of them easily clear over $110 with their salaries. Why not include them??? Favoritism much!!! Instead front end directors get laid off to make room for these two. Looks as if they are turning the place into nothing but front end finance and admissions. Next the they will get rid of student services and say SOCLE is going to be responsible. As if SOCLE is capable of handling all if this. Very poor business decisions. I can't wait to watch this company crumble and go bankrupt or get their doors closed by the DOE. I hope the remaining employees continue leaving. I was looking for jobs and Everest is hiring. How funny! Why hire when you will lay off again in June or July. I've worked for other for profit "higher education" companies and this one by far was the most unorganized, and unethical. They allow students who fail term after term to continue maxing out their loans and be repackaged for new aid year finding. That's why all their students reach aggregate limits and need private loans. Keep letting these "students" fail and max out tax payer funding. Brilliant!! Being laid off is a blessing in disguise. One door closes another one opens. So glad to be out of that place after seeng their true colors. I can only imagine what's going on behind closed doors over there. More people need to speak out.