Before any of you point out the obvious ridiculous nature of this question, believe me; I know it's stupid. However, since those 'in the know' are obviously on this site, I'm wondering if there's been any talk about compensation being restored to its full-state after the proposed 10-week-period. My belief is that the company will file bankruptcy and we'll all be out by November 1; however, had to ask in case anyone has heard any rumblings behind the scene.
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34930 - Your insights and powers of observation are truly remarkable.
It pays more than unemployment
It will be extended or more taken out
I doubt that 10 week period was arbitrary. I feel certain there's a plan for after this time. But I doubt it will be good.
Nov 1 is not the end of the 12 week term, Oct 5th is. Nov 1st would be 3-4 weeks into the Fall Tetm. But either way, it's a good guess that the Fall Term either won't happen or will happen with a severe workforce reduction.
After hearing rumors of vendors not getting paid (no texts in classes, no laptops until week 3 of a mini, no sevirity) and bizarre ways to save money (toners, etc) I think the bigger question is can CCI stay open until that 10 week Mark ends?
They won't say anything. But what CCI schools that haven't closed, they need to sell. CCI will go to teach out/close doors by November/December. If the sell any or all schools, a new buyer owns the school or schools. We will no longer be employed by CCI because they won't exist.
That's just about the last week of Everest's term. My guess is they close after that. But I don't know.