Topics regarding layoffs at Universal Technical Institute Inc.

Topics regarding layoffs at Universal Technical Institute Inc.

Quarterly Numbers

New student starts in the third quarter increased 38.8% from the prior year quarter, while average active students increased 19.1%. Revenue of $83.8 million in the third quarter, an increase of 53.8% compared to the prior year quarter. Net income... —  read more 

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Post ID:  @OP+1c9tfBvC

Student X

How does this make you feel?

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Post ID:  @OP+17TAshJp


Am I the only one who thinks people in corporate don’t have FREAKING clue what they’re doing ? They are only good to tell you what’s changed for the millionth time , but won’t do the leg work with you. They make last minute adjustments for this... —  read more 

Layoffs are here.

Well, it was good while it lasted. UTI has furloughed a ton of people. These jobs will not come back. It was good they kept a bunch around while this whole thing olayed out but the end for them is here. Sorry folks.

We should all be grateful

"Seems like we should all be grateful we have jobs unlike so many who are losing them during this time. We won’t have a school (jobs!) if we don’t have revenue. Instead of whining, help! It’s for the students, not the VPs. If you hate your job - or... —  read more 


"Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Universal Technical Institute... —  read more 

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Post ID:  @OP+13eSF5uy

Universal Technical Institute Announces Changes to Senior Leadership Team in Support of Company's Growth Strategy

"Universal Technical Institute, Inc. (UTI), the leading provider of transportation technician training, announced several changes to its senior leadership team to further support the company's transformation and profitable growth, while continuing to... —  read more 

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Post ID:  @OP+132UN1bA

How many more will leave?

Here at NTI by my count, we’ve had 10 instructors voluntarily leave this failing company in the last year. Most of them were here 10 years, some with over 15 years. When will executives get the message that this company is rotten to the core. How is... —  read more 

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Post ID:  @OP+11Z1eeoG

Exiting the company

I'm sorry for all those unfortunate people that have been let go. It's going to be okay, I went through UTIs layoff a few years ago and made it just fine. I doubt the people who got let go would post here during their severance payout. When I... —  read more 

it's begun

hearing a few people let go across the company mostly jobs eliminated and to be picked up by someone else doing double or even triple duty.

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Post ID:  @OP+11fJ96XL


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Post ID:  @OP+10VO2yMT

Eating Itself From Within

How do my students complete the lab assignments if you take my computers from my lab area? Am I supposed to allow my students to leave the lab environment to complete their lab assignments in the LRC? I hope you realize that I can’t be in two places... —  read more 

UTI treats you like a kid

I was as student at UTI Norwood in 2010-2011. I have to say I learned a lot from that place I still regularly use the course books to look up information that have some cobwebs on it. I have done well and make 75k a year. However, my experience at... —  read more 

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Post ID:  @OP+ZEBK9Oj

UTI Balance Sheet

Looks like a slow drain. Total assets down about 10 percent since 2016. (2016) $297.16M (2017) $274.10M (2018) $282.28M (March 2019) $260.34M Total equity down $24 million (2016) $136.61M (2017) $125.78M (2018) $126.65M (March 2019) $112.23M

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Post ID:  @OP+Zu7V95q

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