Is it over now. This is kind of what Corinthian went through, so, really, I'd say it's game over for us. I wish I left much earlier, this is really horrible and I hope all of us find something else quickly. It was a painful ride last few years, and now, I am fairly certain that we will be closing the shop very soon.
5 replies (most recent on top)
Sorry to say all -- the combination of HCM2, no new enrollments and another $150M in LOC means ITT is going BK. The DOE rules will not allow any severance, so I suggest starting to look today for a new job. I do not mean to be harsh, just a realist.
If your an admission rep you will be off til Tuesday.
We are supposed to be having a meeting with the DM in an hour, pray for us!
Best of luck everyone. . I hope they at least pay their employees through this week..
They sent everyone home today at ours. Except for SST and DOF. Also, someone stayed to watch the front desk. Others got sent home with paid leave until they know what to do with them.