Thread regarding Corinthian Colleges Inc. layoffs

Any confirmed info on when next round of layoffs will be?

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Post ID: @OP+wi0H5NU

12 replies (most recent on top)

Managers and above never know this ahead of time. Only the top tier levels know. They usually find out in the same meeting as frontline.

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Post ID: @82T+wi0H5NU

As far as teach out campuses go, will a campus have to be closed/taught out if CCi hasn't secured a buyer by 7/1?

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Post ID: @Dbn+wi0H5NU

15065 - OK, yes we get it. That one day is soooo important to you. Important enough to start yelling at all of us. Calm the f$%& down!

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Post ID: @6Hw+wi0H5NU

OMG July 1 IS THAT START OF THE NEW FISCAL YEAR NOT THE END OF THE QUARTER THAT WOULD BE JUNE 30th. GET IT TOGETHER PEOPLE WITH YOUR INFORMATION

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Post ID: @lrl+wi0H5NU

I know it's not very far away, but it would still be nice to have a few days notice to mentally prepare. I suspect that a lot of us will go to work Tuesday and be escorted out by security. When they've done layoffs in the past, they've been pretty cold about it.

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Post ID: @IcU+wi0H5NU

It's not just the end of the quarter but also the end of the fiscal year. That's not as important as the agreement with ED that states that admissions will immediately shut down at any "teach-out" campus. The agreement must be reached by July 1. Students must be immediately notified. There is no reason to keep admissions when you cannot enroll, and the ED imposed deadline is July 1.

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Post ID: @d2T+wi0H5NU

The plan to the DOE is due by July 1. Once they decide to teach out a campus, admissions and finance will be the first to go.

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Post ID: @Jq9+wi0H5NU

It seems like management would know by now, so I'm surprised that none of them are leaking it. This is an anonymous board, and it's not like they have bright CCi futures to look forward to. How about a head's up from someone who knows?

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Post ID: @ePh+wi0H5NU

End of quarter.

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Post ID: @n5H+wi0H5NU

What is this July 1st significance? No one has answered that question as of yet.

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Post ID: @vvD+wi0H5NU

Is that for Tampa online?

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Post ID: @rij+wi0H5NU

No later than July 1.

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Post ID: @7VC+wi0H5NU

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