Thread regarding Corinthian Colleges Inc. layoffs

If you do not receive your direct deposit

If you do not receive your direct deposit, you will get a hard check on Friday with a pink slip. Many layoffs to reduce costs. Most will be admissions in teach out schools.

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Post ID: @OP+whFhIUn

12 replies (most recent on top)

Here is another person reading to much on July dead line. Get the fact before you think know it all. Anyone could guess wow

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Post ID: @idR+whFhIUn

Historically during the last 3 layoffs online happens on a Tuesday, that is the day that all weekend teams are also working

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Post ID: @QHl+whFhIUn

I think what the paper checks is referring to is that CCi usually includes all work to date in a final check when they lay someone off. So the check they will get will include the week they just worked, and close them out. I've seen that before.

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Post ID: @I5J+whFhIUn

This is incorrect information. For Direct Deposits to happen, the funds must be deposited to the funding institution the day prior. Usually what occurs (many years working Payroll and HR support) is the troubled company is unable to raise all needed direct deposit funds and transfer timely for the required cutoff time. Once the company misses the threshold, the checks must be delivered next day paper. The financial institution will also place the company on warning and may (most times) remove them from the direct deposit program (requiring the deliver of paper paychecks.) In no way does it mean you are being termed. You can term a direct deposit recipient as easily as any other EE.

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Post ID: @9k9+whFhIUn

So if online happens on Tuesday will it be all three locations or are they going to do it one building at a time. I wish they would just do it now to be honest.

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Post ID: @GYC+whFhIUn

What is the significance of Tuesday?

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Post ID: @nOU+whFhIUn

lern 2 spel

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Post ID: @rRj+whFhIUn

I will never loose my job......I am always under the bosses desk :)

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Post ID: @CdO+whFhIUn

How do you know this will happen on Tuesday? Your sources are from???

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Post ID: @d9r+whFhIUn

Yeah, if I get the paper check, my next two actions will be (1) get the check cashed (actual cash in hand in case they try to reverse it), and (2) unemployment office to get my claim in.

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Post ID: @ytj+whFhIUn

Online layoffs happen on Tuesdays if you see the sheriff in the building pack up your box.

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Post ID: @LxK+whFhIUn

Better run to the bank.

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Post ID: @Cod+whFhIUn

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