It has been verified that as of June 25-26th that EDMC's Greentree location in Pgh will be closing down. Roughly about 250 employees and the VP has already left her throne. It has been rumored that about 20% of EDMC in general will be impacted worldwide. Stay tuned.
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I wouldn't post false information. The rumors are true and I've heard that the lay offs will continue up until September nationwide. I don't know if web chat was let go on Tuesday as well but I know recovery is hiring and still there. I hears from a reliable source that recovery will continue to stay in Greentree for about a month and possibly move down to OHE. The damage is done and it will continue to get worse before better. God bless each of you and best of luck!
I heard from someone in EDMC management that Art Institute in Hollywood CA will be closing within 5 months
I can't believe this was actually true. Thanks for the heads up!!
There is an extension on the debt. There is NO CHANCE of this happening. You would have seen evidence of this by now.
What else would you like me to verify for you? Just watch the news on Thursday the 26th. Greentree pa will be closing. 20% of EDMC will be impacted nation wide. The 27th is the start of the new quarter. Last year they did the same shit.
how is it verified?
i'd like to hear more about this.
What school locations are closing Nation wide? Are they going to start closing locations and merging them together? How Long can they stay afloat before going bankrupt? Not sure how many $467-million dollar loses they can take each QTR. There stock price is at a 52 week low $1.80 average it was $16.00 earlier this year.
I know for certain! I'm not making it up. Just stay tuned. No Phoenix is now fully staffed with employees and they had it all figured out when they knew the Greentree building was closing. It's a bunch of bull. Just watch. No joke this time.
How can you be so sure? Are the layoffs expected in PGH and PHX?
I would not be surprised to be honest with you. This company is going under and slowly but surely it will not even exist. They do not even have the respect to tell their employees what is going on but it is pretty apparent. This company is 100% scam.
I heard that almost 1/4 of all employees will be let go within next six months