Thread regarding Corinthian Colleges Inc. layoffs

They have a buyer but they don't want to say who

It is a non-for- profit organization. Does any one know who it could be?

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Post ID: @OP+wVTHb0v

25 replies (most recent on top)

I wont believe they have a buyer until the ink is dry. Looking for jobs myself. they say that to keep people working and not leave

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Post ID: @DKh+wVTHb0v

The United Nations in partnership with the United Way are the buyers of the majority of CCi assets.

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Post ID: @aki+wVTHb0v

This is all true. Cci will still handle marketing and socle will handle all fa. So Griffin towers keeps their jobs. Campuses eh not so much.

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Post ID: @tAs+wVTHb0v

Anonymous25292: Ask anyone who was in the IT meeting when Ken was there, all the information was presented there and project sunnyside explained. There is little Socle and big Socle. It isn't a rumor because IT heard it. Come back to the board after the sale and terms are announced and see what part of it was wrong. I am willing to bet it will be close to 100% accurate

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Post ID: @3A1+wVTHb0v

If this OP really was even an employee, he would know CCI is not for sale. It's separate entities are.

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Post ID: @TXO+wVTHb0v

All parties to ANY sake will sign a confidentiality agreement. If if someone is privy to this information, they aren't posting it here. They are madly looking for their own job before the rest if us go under. Even if there's a bid, that means nothing. In the end, the accreditation entities will have to also approve ALL sales. Not just CCI and DOE. And not all Everest schools even have the same accreditation.

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Post ID: @Itn+wVTHb0v

This is totally rumor. In acquisitions everything is totally hush hush. You won't find any accurate info about a sale on this board. Managers give you reassuring info so you will keep working. Everything is not going to be okay. Most everyone will lose their job.

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Post ID: @ZNh+wVTHb0v

Here is what some of us were told, your mileage may vary. There were 5 interested parties out of 17. Final bids were placed on Friday the 1st. If the board and DoE accepts the plan then it will be made public after the market closes, maybe the week of the 18th. The next step is for the govt to make sure the anti-trust stuff is okay and then CCI (whomever) gets the money from the selling. This is supposed to take 60 days from the public announcement. The one school is non-profit and does not have an infrastructure so part of the sell is having CCI/Socle manage everything. This is for Heald only as Everest is lagging by 2 weeks. Ask you management or Ken Ord about project Sunnyside.

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Post ID: @9JT+wVTHb0v

Nancy Pelosi's husband.

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Post ID: @6Ru+wVTHb0v

Really? I'm missing Sharknado for this?

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Post ID: @Jcr+wVTHb0v

Get off our board dumbass. Hope you fall to your death and your corpse is raped by methheads.

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Post ID: @uz6+wVTHb0v

TTU!TTU!TTU!TTU!TTU!

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Post ID: @DH4+wVTHb0v

The whole of CCI probably isn't even worth Jack's annual salary about now.

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Post ID: @VKI+wVTHb0v

What is the price? $200 and a year's supply of toners?

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Post ID: @Z4A+wVTHb0v

I'm actually trying to prove the falsehood of this information, so people don't actually believe it. And don't you worry about my job status, pal. I'm set.

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Post ID: @ia6+wVTHb0v

You're so naive if you think you're going to get insider information here. Do you not understand that as a publicly traded company none of the peons will know until things are final? Instead of asking questions here... You should be focusing your efforts on finding yourself a new job.

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Post ID: @2eP+wVTHb0v

That's not even possible with accreditation.

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Post ID: @UYB+wVTHb0v

Good Work. Definitely a troll.

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Post ID: @UZH+wVTHb0v

They supposably have it for all 85 campuses

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Post ID: @Wpa+wVTHb0v

Don't hold your breath!

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Post ID: @DPx+wVTHb0v

We are waiting.

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Post ID: @j04+wVTHb0v

TTU FTW ! That's funny

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Post ID: @He4+wVTHb0v

The buyer is TTU - Tranny Troll University!home of the Fighting Dipshits!

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Post ID: @IJb+wVTHb0v

Who has a buyer? Which campus? Oh. If you were an employee you would have indicated that. Employees knows that it's not CCI in it's entirety, hence, would say who 'they' are.

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Post ID: @kb2+wVTHb0v

Troll

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Post ID: @ZEk+wVTHb0v

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