Thread regarding Education Management Corporation layoffs

Quarterly Earnings Report

Where is it? Did they wait to post it this long last quarter?

Also, have any of you noticed ALLL of the staff fleeing on the campuses? Our department is dwindling so quickly. Is there an end in sight?

by
| 589 views | | 9 replies (last ) | Reply
Post ID: @OP+wXXWm6d

9 replies (most recent on top)

From what I understand, the team they are training will be calling students to walk them through completing their entrance counseling, MPN, verification worksheets and things of that nature. I know they are currently doing it for Brown Mackie ground campuses and I guess someone thinks it's working well enough to train more people so that all brands will be participating as soon as possible. They also want to do it without hiring more people and still maintain the SLAs for other related processes. They probably shouldn't have let all those call center people go a few months ago.

by
| | Reply
Post ID: @j6B+wXXWm6d

Yes, sadly, I check this page many, many times a day. I will do the same if I hear anything.

Also, I don't quite understand what you meant by "calling students about getting their pre-cert documents". Could you elaborate?

Yes, it does seem like they want a bare bones work force.

by
| | Reply
Post ID: @ngC+wXXWm6d

Training a team here to start calling students about getting their pre-cert documents? Would that mean some college locations are getting the AX? Are they getting ready for a teach out and some locations?

by
| | Reply
Post ID: @Gng+wXXWm6d

I've started checking this board on a daily basis (I'm sure a lot of people have!) and will continue to share any noteworthy changes I hear about. Best you can do is keep an eye here, lookout for yourself at work, and definitely have your resume ready.

by
| | Reply
Post ID: @jWw+wXXWm6d

That is so crazy. Thank you for the kind words. Regardless, it will be interesting, that's for sure. I wish there were a way for us to keep in contact, discuss things we see. But I don't feel comfortable putting my email on here as both of mine have my name in it.

by
| | Reply
Post ID: @1cg+wXXWm6d

I haven't heard any mention of Pgh, but I do know that they are in the process of training a team here to start calling students about getting their pre-cert documents. They have also been downsizing management here and letting large amounts of people go. I think they are just trying to see how many job functions one person can do so that they can overwork a small amount of people and let the rest go. For what's it worth, I don't feel any more secure in Arizona than you guys Pgh.

by
| | Reply
Post ID: @ntN+wXXWm6d

I'm at the center in Pgh. We're all pretty convinced that they'll be moving everything out to you guys. Have you heard of this or had any suspicions? I'd love to talk with you futher.

by
| | Reply
Post ID: @NmT+wXXWm6d

What department are you in? I'm at The Center in Arizona and I have noticed an increase in "upper management" type people present this week. Leads me to believe that they are preparing for something. Anyone at The Center know who the guys with the bow ties are?

by
| | Reply
Post ID: @3M5+wXXWm6d

Last quarter it was on April 30th, so about a month after the quarter ended. It's a few days past that. There's nothing on the investor relations page, but the stock hasn't dropped yet, so the call may be later.

by
| | Reply
Post ID: @rEO+wXXWm6d

Post a reply

: