Universal Technical Institute Inc. Layoffs

Topics regarding layoffs at Universal Technical Institute Inc.

Managment Never Cared

Management at the top never cared, If they did, they would have fixed their severely outdated curriculum years ago. Very little if any overhead cam info in course 101, Electric fans are on most cars today course 101, No timing belt replacement course... —  read more 

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Post ID: @OP+XXeHRRB

Time to admit defeat

At what point does Kim McWaters reign as CEO come to an end? Was her appointment to CEO some sort of experiment that a male dominated industry can be run by a women? She methodically removed anyone from senior management that was from the... —  read more 

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| 882 views | | 1 reply (last )
Post ID: @OP+XWi98Xn

A good view on things

Long term employee until recently. I have seen many employees come and go at our campus. From financial aid to student services to instructors, education managers, admissions, directors even campus presidents. Some of those leaving left of their own... —  read more 

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| 957 views | | 1 reply (last )
Post ID: @OP+XSWmSZ8

Good luck to our coworkers at the Norwood campus. All I can say is that at other campuses the mood is not great about the whole thing

Good luck to our coworkers at the Norwood campus. All I can say is that at other campuses the mood is not great about the whole thing. Overall student numbers are down and that is always a constant worry. We hear it at every meeting we go to. You get... —  read more 

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Post ID: @OP+XPoyFbp

UTI Norwood Closing, Exton is Next, Then Sacramento

There is no way UTI will survive with the gigantic campuses they have now. Across the board at all of the campuses, student numbers are down. The student population at the Norwood campus is around 350 or so, NTI is at 1000 give or take. All of the... —  read more 

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| 6571 views | | 19 replies (last )
Post ID: @OP+XLWT3ga

And so the Titanic starts to break apart

Goodbye to Norwood. Last class registration March 19th and done. Doors close Fall 2020. Hey hey hey goodbye.... I smell karma at its best. Hope management can find another job, dbags. Norwood's savior president FAIL!

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Post ID: @OP+XH9K1yw

More losses, less cash...campus closings and layoffs

"Operating loss was $35.3 million compared to an operating loss of $1.8 million for the prior year period." "Our cash position, including investments at year end June 30, 2018, remained strong at $58.1 million compared to $97.9 million at September... —  read more 

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| 1197 views | | 4 replies (last )
Post ID: @OP+WoqEPPJ

UTI in NJ

"Ford is invested in building a pipeline of qualified technicians by encouraging schools such as UTI-Bloomfield to include FACT," said Dave Johnson, Ford Motor Company's global director, Service Engineering Operations . "As an added action, Ford... —  read more 

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| 968 views | | 2 replies (last )
Post ID: @OP+VTQUeib

Targeting high school students

"High school student starts grew 13.6% percent, reflecting a 390-basis point improvement in the show rate, compared to the prior year fourth quarter."... —  read more 

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| 1070 views | | 6 replies (last )
Post ID: @OP+VT2YO6B

Enrollment close to stabilizing?

Lower student population levels as we began 2018 and fewer new student starts during the period resulted in a decline of 5.2% in our average undergraduate full-time student enrollment to 10,380 students for the nine months ended June 30, 2018. We... —  read more 

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Post ID: @OP+VkUprDg

Company health survey

So we have a all staff meeting with someone from the home office to go over the Company Health Survey we did a while back. Can’t wait to see how the polish this turd

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| 1273 views | | 7 replies (last )
Post ID: @OP+V127LBo

Moving?

Home office lease is up this year.... does anyone know what the plans are? I'm assuming they wont stay in Scottsdale because of the cost. Any info on where they might move Home Office?

Dismal enrollment numbers

Dismal numbers. UTI is truly on life support. I can't imagine how unbearable it must be to be a UTI rep and a financial aid advisor. The pressure must be extreme. Reps enrolling students, and financial aid advisors pressured into acting like... —  read more 

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| 1166 views | | 4 replies (last )
Post ID: @OP+TQNf83A

Doing away with health insurance and retirement

Wow, are the top execs planning on doing away with health insurance and retirement? If so, that is extremely sad. I for one and glad I left before all this went down. Out of Rancho and I couldn't be happier. I think my last day of work there was one... —  read more 

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| 1186 views | | 2 replies (last )
Post ID: @OP+Sjp8AUG

Our campus just saved $390,000 dollars!

Our campus is finding ways to cut expenses. It was decided to stop buying the lens wipes for the safety glasses, you know the safety glasses that are required by everyone in lab. We'll be saving sixty five dollars a month, times twelve months equals... —  read more 

Fewer students but the bonuses keep getting paid

So here we are another loosing quarter, fewer students , empty classrooms and building a new campus. Since 2010 we've gone from 18600 students to 10900 at the end of 2017. That's a loss of 1100 students a year, and I don't even have a business degree... —  read more 

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| 1662 views | | 9 replies (last )
Post ID: @OP+S357Pji

Leadership at UTI lacks any morals

Expecting lower enrollment for 2018 and still spending 11 million dollars on a new campus. What in the hell is wrong with these people? Kim McWaters and her bunch of dopes have ruined this company. But we can rest easy knowing all of the senior team... —  read more 

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| 1612 views | | 3 replies (last )
Post ID: @OP+QJYJ3xA

UTI still losing money.

Another losing quarter, even after cost cutting. https://www.marketwatch.com/story/universal-technical-institute-reports-fiscal-year-2017-fourth-quarter-and-year-end-results-2017-11-30?siteid=nbsh —  read more 

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| 3226 views | | 15 replies (last )
Post ID: @OP+QweYj5g

WyoTech Shutting Down

With the announcement of WyoTech shutting down that should help UTI. Those 400 students that would have enrolled in WyoTech need another school to take their money. Hahahaha

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Post ID: @OP+Qo7aqJI

Trump's higher ed "disaster" plan defunds schools

Don't look for President Trump to bail out UTI. There's much more money is making matters worse. Disasters=bargains. https://www.linkedin.com/pulse/trumpdevos-college-meltdown-defund-deregulate-dahn-shaulis —  read more 

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Post ID: @OP+OqzWVJQ

Anyone know what is going on?

Does anyone know the current health of our company. Our lead situation is the worst I have ever seen and there is no way to sustain a company with this type of lead flow. Any word of layoffs?

More losses for UTI...

Loss of $1.7M. Total starts down (from 1800 to 1400). Total enrollment down (from 12,300 to 10,800). "UTI now expects new student starts to be down in the high-single digits." Tuition increases expected to make up for declining enrollment. "Financial... —  read more 

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