Thread regarding Corinthian Colleges Inc. layoffs

This is re-stating the obvious, but the most likely outcome is bankruptcy.

http://www.iaap-hq.org/publications/officepro/11-signs-your-company-may-be-going-under-officepro

http://www.prosalesmagazine.com/business/top-10-signs-your-business-may-be-closing_o

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Post ID: @OP+wURMM6H

5 replies (most recent on top)

My favorite: "You’ve been asked to take a pay cut or an unpaid leave. Both requests are desperate measures to help failing companies cut costs. In some cases, these cost-saving measures can prevent layoffs or bankruptcy, but generally, when these situations arise, it’s evident that your employer is not on steady financial ground. Take the pay cut or unpaid leave if you must, but be prepared to line up another job if the bottom falls out of the company."

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Post ID: @1P4Y+wURMM6H

Yes. Yes, it is.

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Post ID: @1pDe+wURMM6H

I read one with 12 signs every one of them applied to CCI! And the article said to get nervous if your company has 'a few' of them!

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Post ID: @yVf+wURMM6H

Wow, every item on each list applies here. Must be a coincidence tho cuz my DOA and RVP said we'll be fine. Business as usual! Every campus in this state will stay open, we will get merit increase this year, the new owner will keep our pay the same .

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Post ID: @JNb+wURMM6H

I think even those steadfastly refusing to see reality are starting to get it.

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Post ID: @Y59+wURMM6H

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