What is the likelihood of Appolo layoffs in Phoenix in 2016? Please let me know if you have any information.
3 replies (most recent on top)
Well, senior leadership is calling a meeting tomorrow. No doubt UoP will be firing at least 1000 more people and they are looking closely at the managers and directors who are making 6 figures. Nobody is safe. I know of 3 CDs who will be announcing their resignation as soon as they lock in a job.
Earnings call is January 11............................................http://finance.yahoo.com/news/apollo-education-group-announces-timing-210500044.html
Layoffs are very likely. They will be necessary to keep the stock price up.