Universal Technical Institute Inc. Layoffs

Comment! It's anonymous! Post information you know, rumors you heard, your experiences, or contribute to the discussion by answering or asking about layoffs at Universal Technical Institute Inc.. The comment form is located near the bottom of the page.

Topics regarding layoffs at Universal Technical Institute Inc.

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
| 536 views | | 4 replies (last )
Post ID: @WoqEPPJ

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
| 497 views | | 6 replies (last )
Post ID: @VT2YO6B

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


"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
| 398 views | | 2 replies (last )
Post ID: @VTQUeib

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

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
| 375 views | | 2 replies (last )
Post ID: @VkUprDg


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?

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

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

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

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
| 1803 views | | 15 replies (last )
Post ID: @QweYj5g

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

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
| 563 views | | no replies
Post ID: @Qo7aqJI

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?

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
| 909 views | | no replies
Post ID: @OqzWVJQ

Going, going, gone.

I feel like I needed to start a new thread because I am starting to feel as if UTI management puppets are contaminating our posts and threads now. Is UTI that scared and intimidated by their own employees that instead of listening to us or trying to... read more

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

Start a new thread - post a news comment, question or message: