The Committee on Efficiencies was formed in November 2016 to search and find avenues of economizing. The committee’s mandate is to find systems and processes that can be streamlined. My Question is, was this committee formed to research and implement... read more
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Topics regarding layoffs at University of Phoenix
January 4, 2017 An article in today’s New York Post renews legitimate concerns about a pending private equity takeover of the largest for-profit college, the University of Phoenix. But the piece does so in a troubling manner, citing as critics of the... read more
http://www.huffingtonpost.com/davidhalperin/department-of-education-r_b_13499610.html Department Of Education Requires 25 Percent Letter Of Credit To Approve University Of Phoenix Owner Change 12/07/2016 06:39 pm ET | Updated Dec 07, 2016 The U.S... read more
Anyone know why all the directors are in Phoenix this week?
February 1st is coming, tick tock, tick tock, what!!!! Streamlining!!! What does that mean???? Look! A shipment of cardboard boxes??? I am moving to my car..... then the Department of Economic Un Security. I thought the new company was going to... read more
"We expect that the University’s enrollment will continue declining as we implement our currently planned initiatives, although we expect the rate of decline to moderate compared to the rate during fiscal year 2016. We do not expect the University’s... read more
The January 9 earnings call will tell a lot about what's going on inside Apollo Group and how many more people will be fired.
New purchaser Apollo and UoPX future is very bright. I cannot wait. Come on February 1st.
To all my homies in building six and u Camden holla
When is the company just going to go under and put everyone out of their misery?
I know that University of Phoenix is HLC accredited, but it doesn't look like credits transfer to more legitimate schools. I typed in UoPX business courses, and got no matches. Does anyone ask if credits will transfer? And if they do, how do you... read more
Base Salary For fiscal year 2016, the Compensation Committee took the following actions with respect to each NEO’s base salary: Effective September 1, 2015, Mr. Cappelli’s base salary increased to $1,030,000 from $1,000,000; Mr. Martin’s base salary... read more
Enrollment managers are being told to fire staff so they dont pay severance or tuition benefits. If your only making 3 to 4 Regs per month chances are you will get a write up or terminated. They are pushing reps to do the unethical and make the quota... read more
Any faculty layoff rumors?
Does anyone know what's going on with the certification layoff? Still technically in the plans until late February, but they've lost more people than needed to be laid off and the last 9 people on the initial layoff are now on their 3rd extension... read more
I did 10 Reg's my last 3 months before I was fired !! I got fired for making a simple mistake. Have you heard or do you think Enrollment Manager's were trying to find reasons to write-up and/or fire Enrollment Advisor's so they don't have to pay a... read more
"Laureate Education, a Baltimore-based firm that owns and operates universities around the world, is planning to raise $383 million by selling stock privately to a group of six investors that includes Apollo Global Management and The Abraaj Group."... read more
ED is giving Apollo a better deal. Will they take it now? http://www.wsj.com/articles/education-department-amends-terms-of-approval-for-apollo-education-privatization-1482330125
Enrollment gonna have layoff 2dae Time fo KFC n slaw. You feel meh. Happy holidays y'all , Camden where you at?
College of Social Sciences teaching out all counseling programs in three more campuses. Great decisionmaking to get rid of the programs that actually train people to help others in the world. And let's get rid of the free community counseling centers... read more
B. For each Performance Period, the performance objectives may be based on ONE OR MORE of the following criteria: (i) pre-tax or after-tax net earnings or net income, (ii) sales or revenue growth or other revenue or sales objectives, (iii) cash flow... read more
CAUSES OF CONCERN: (1) "Based on the draft rates, University of Phoenix programs representing approximately 16% of the University’s total degreed enrollment as of August 31, 2016 FAILED TO SATIFY EITHER OF THE TWO MNIMUM DEBT SERVICE-TO-EARNINGS... read more
CAUSES FOR CONCERN: (1) "Requirement that the University of Phoenix and Western International University will BE REQUIRED TO MAINTAIN ENROLLMENT LEVELS THAT ARE NO HIGHER THAN THE ENROLLMENT LEVELS ON THE DAY BEFORE THE MERGER" (2) "Requirement that... read more
POLL QUESTION: Are you happy at work? (Y/N)
With the DoE's decision does the $385 million dollar line of credit/reserve apply only to the incoming buyer (Apollo Global) or does it apply to current owner (Apollo Education) as well even if the sale does not go through?
The U.S. Department of Education today approved the application of the Apollo Education Group, owner of the University of Phoenix, to convert from being a publicly-traded company to one owned by private equity firms and still keep its eligibility for... read more
Burning through a lot of cash. New commercials on major networks and shows cannot be producing new enrollments because of the place's bad rep. So the illusion of doing something when nothing can be done except close and lay off is coming closer. What... read more
FTC is suppose to be investigating this 'place'...on their business practices. One point would be how often the Stop on Demand (recording of phone calls software) works. How often it works? Constant technical issues with this software. Finance is... read more
Next college on your list to take over is Business, correct St. Germ?? You are slowly but surely managing to take over the university as you planned all along, college by college. Anyone perceived as a threat to your endgame you continue to have... read more
Has anyone considered or filed Chapter 7 bankruptcy in the past? With me being unemployed for 6 months now and unable to pay all my creditors, I am considering it. Every time an employer sees the degree on my resume, i feel like I am laughed at. How... read more
If i dont enroll students i get fired so my reward for enrolling students is money. How the hell the DOE doesnt see that is beyond me. Im beginning to see that DOE and other federal agencies want UOP to max out all posdible loans for their own... read more
How will the Trump administration's new Department of Education affect University of Phoenix? https://www.linkedin.com/pulse/educational-corruption-devos-devolution-dahn-shaulis?published=u