Topics regarding layoffs at Universal Technical Institute Inc.

Topics regarding layoffs at Universal Technical Institute Inc.

UTI Earnings Call

https://seekingalpha.com/article/4668408-universal-technical-institute-inc-uti-q1-2024-earnings-call-transcript

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| 512 views | | no replies yet
Post ID: @OP+1r4bTKzB

Earnings Call

https://seekingalpha.com/article/4563955-universal-technical-institute-inc-uti-q4-2022-earnings-call-transcript

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| 701 views | | no replies yet
Post ID: @OP+1k9N9kp0

UTI acquires Concorde Career Colleges

https://www.marketwatch.com/press-release/universal-technical-institute-inc-to-acquire-concorde-career-colleges-inc-a-leading-provider-of-healthcare-education-programs-2022-05-03

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| 1603 views | | 1 reply (May 4, 2022)
Post ID: @OP+1gzl3hNa

Meeting Tomorrow 11/5/21

The meeting time has changed to 11:00AM. You know the place. Spread the word. Do not meet up at the campus.

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| 1661 views | | 1 reply (December 10, 2021)
Post ID: @OP+1dE1arZ6

Sacrificing Education for Profit

UTI is on the government crack down/shutdown list. They are going to close down this diploma mill. I guess moving student education to you tube wasn’t the best idea after all. Especially for a trade school. You should of listened to your... — read more 

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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| 1541 views | | 1 reply (September 8, 2021)
Post ID: @OP+1c9tfBvC

Did UTI do better this quarter?

Another loss like the last one? https://www.sec.gov/ix?doc=/Archives/edgar/data/1261654/000126165421000052/uti-20210331.htm#i6dd068d94129455796363f06a37773c6_19

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| 1430 views | | 1 reply (July 28, 2021)
Post ID: @OP+1bEDnBZE

Anyone watch the townhall?

I don’t know ... we’ve been through so many bad years. For the first time in a long time, things feel like we are moving in the right direction. Anyone else feel that way? Other thoughts?

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| 1953 views | | 1 reply (February 18, 2021)
Post ID: @OP+18sNpjnG

Student X

How does this make you feel? http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html

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| 1926 views | | 3 replies (last November 22, 2020)
Post ID: @OP+17TAshJp

UTI shares downgraded

Looks like more cost cutting is in store. https://seekingalpha.com/news/3617406-universal-technical-institute-stumbles-in-trade-argus-downgrades-to-hold

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| 1540 views | | 2 replies (last October 15, 2020)
Post ID: @OP+17k5Udp8

So, how are your campuses doing after COVID?

I see some of the locations have about a 50% return rate. Ours is a ghost town. Seems like management is busy rearranging the chairs on the Titanic. How is your location doing?

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| 1964 views | | 3 replies (last September 23, 2020)
Post ID: @OP+16o7YxxR

UTI uses CARES ACT money for laptops

"The nation's leading provider of transportation technician training, will utilize a portion of its CARES Act Higher Education Emergency Relief Funds (HEERF) to provide approximately 14,000 students with laptops, which will facilitate their... — read more 

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| 2236 views | | 5 replies (last July 21, 2020)
Post ID: @OP+15Yw9Cld

mo--ns

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 

Online Curriculum Last Ditch Effort

There is very little interaction between instructors and students in Google classroom, It wont be long before every student realizes that the online courses which are really hastily made videos are the only way for UTI to keep the money flowing. It's... — 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 

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| 2011 views | | 6 replies (last September 16, 2020)
Post ID: @OP+148hxBTx

Organizational Restructure Needed

I herby do not consent to the release of the video I was forced to record for Universal Technical Institute. I was video recorded against my will and do not want UTI to use my subject matter expertise for profit or for any other purpose... — read more 

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| 1765 views | | 2 replies (last March 23, 2020)
Post ID: @OP+146irokC

UTI Wikipedia's Page Cleaned Up

Well, well, well. Looks like someone went on the UTI Wikipedia page and deleted the controversial history of UTI. The "Lawsuits, investigations, and sanctions" section was taken out on May 10 2019. I wonder if the person who deleted is a UTI employee... — read more 

COVID-19 and UTI's lack of preparedness...

It's interesting how UTI is not taking the recommended steps to have employees work from home or closing any campuses. Does that mean they do not value the health and well being of their staff and/or students?

Investigation

"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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| 1643 views | | no replies yet
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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| 1946 views | | 2 replies (last January 23, 2020)
Post ID: @OP+132UN1bA

Coliseum bailing?

https://seekingalpha.com/pr/17727333-universal-technical-institute-announces-secondary-offering-of-3601-724-shares-of-common-stock

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| 1763 views | | 4 replies (last December 19, 2019)
Post ID: @OP+12upN7Gx

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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| 2354 views | | 5 replies (last December 13, 2019)
Post ID: @OP+11Z1eeoG

Lab Grading Accuracy over Student Safety

This will be where I draw the line in the sand boys. I refuse to jeopardize the safety of my students to make sure every constructive response question is answered with a book answer key because everything in my lab environment can seriously injure... — read more 

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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| 1650 views | | 1 reply (September 28, 2019)
Post ID: @OP+11fJ96XL

Layoffs

Now that we are aware of the changes in the severance packages, are the layoffs Thursday or Friday!?!

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| 1750 views | | 4 replies (last September 26, 2019)
Post ID: @OP+11dwJnfH

Upper management don't learn by their mistakes

It appears to me upper management don't learn by their mistakes. I see they have hired another financial officer. Problem is these people are not productive people. As long as I worked their they have always been top heavy. Instructors are treated... — read more 

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| 2105 views | | 3 replies (last September 25, 2019)
Post ID: @OP+1106wZ1x

New CFO

https://seekingalpha.com/pr/17622331-troy-r-anderson-joins-universal-technical-institute-chief-financial-officer

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| 2146 views | | 3 replies (last September 11, 2019)
Post ID: @OP+10VO2yMT

Rif Updates?

so September is slowly creeping up. Any updates on the Rif or anything?

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