Thread regarding Corinthian Colleges Inc. layoffs

For those of you who think a sale if a big business will happen quickly, hold your breath and find out.

Minimum six months, up to 18-24. But it won't happen. Criminal investigations. Vendors bailing. Student population plummeting. No credit. No money. Fire sales. It's not going to happen for us. I think we are going to lose the good fight long before a sale happens. I know everyone thinks Remington or ECMC or Yale is buying us and they'll be signed documents any second. But that's not the reality. The shit storm happening around you- Wyotech equipment getting hocked, vendors (publishers) pulling the plug, paycuts, security cuts, toner savings, job losers - this is the reality. There's NO turnaround plan. And without a plan, you can't turn it around. When was the last time we had an email from leadership? Hell, I think my bosses got canned weeks ago. There's no emails if hope. Total silence. I've been here before. Silence is NOT golden. Silence is the calm before, well, you get it. But maybe I'm wrong. Who knows? It could all still work our. Yale. That's good. Right? Cool.

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Post ID: @OP+xj18V9y

5 replies (most recent on top)

Anonymous31270- Lighten up a bit. I think everyone realizes that the HQ landlord isn't simply suing for fun.

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Post ID: @ePa+xj18V9y

Yea because lanlords sue for no reason right? Wow some of you are beyond belief literally

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Post ID: @ePc+xj18V9y

Nothing has been proved, including not paying the rent on our headquarters.

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Post ID: @rgw+xj18V9y

Of course you're wrong! We are just fine. Settle down.

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Post ID: @6eT+xj18V9y

You are raining on our party!

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Post ID: @yQC+xj18V9y

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