Thread regarding ITT Educational Services Inc. layoffs

I was employed at ITT Technical Institute, Tempe, AZ campus for 17 years. In my early tenure, Rene Champaign was CEO of ITT. He ran the company well and was very much respected. Our campus Director at the time was phenomenal and ALWAYS had the students and graduates best interests at heart. Our Graduates did well and our faculty and staff were some of the very best. The common thread at our campus was “Students First”. When Mr. Rene Champaign left the company and Kevin Modany stepped into his role, as CEO, was the beginning of the end. 3 years before the collapse of ITT, it was evident that something was very wrong. On Sept 16, 2016 we received an email telling us to pack up our belongings, the company had been shut down (not exact words). Further, we had a September Graduation scheduled for our Graduates, who had just finished school and earned their degree. We were so proud of them. The Graduates and their families were so proud and were looking forward to celebrating their success as they walked across the stage. That didn’t happen. What a HUGE disappointment!!! I place blame primarily on Kevin Modany for the demise of ITT. What a tragic end to what was a respectable, successful company. In my opinion, The man, took the money and ran, he had and I’m certain still has, his own best interests at heart. Seems he had no problem putting thousands of people out of work, affecting their families and forever changing the course of life for some. I don’t recall any words or messages of remorse that Kevin Modany shared. What kind of person is that? I say “Shame on you Kevin Modany and those involved. You walked away with minimal consequence, while others are paying the price.”

Anyone have any current (2/18) information on the SEC action against the little weasel?

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Very well said!

I worked for ITT Tech for many years, starting from the Anaheim campus to the Orange campus.

Most reps loved their job because we got to work with students and mess around with each other when we weren't busy. The big reps at that school were, Reza, Erik, Carlos and Jeanette. The big losers at the school were & still are: Fred, Chett - AKA ($hit) and Toni the rep!

We blame rat boy Kevin Modany for the school going down.

Spare me the sanctimonious bs, the bald fact is this place puts 12-18 times the debt load on everyone compared to a state school. Grades, attendance, and even jobs won't matter with your predatory loans. None of you helped anybody, you complain about current students because you're too chicken sh-- to talk to past students.

"Corporate focused on all the wrong things in the wrong way. You know, part of this was they were too big."

Many seem to believe Modany is a bean counting a__hole who got in over his head. Yet you and I knew this place was plunging over the cliff, for the past several years, with funding for academics gutted and way too much attention spent on marketing.

Meanwhile, squeaky little Modany and the board have continued to do everything wrong, so glaringly wrong. They had to know that ultimately the diploma mill they were building would be shut down. And the company is tanking, right on schedule. Something just doesn't add up here.

I am not big on conspiracy theories, but I really have to wonder about the back story here. I hope a few books are written on this -- like the stuff that came out on Enron collapse, and Madoff pyramid scheme.

"Modany can't string two coherent sentences together."

He is an unimpressive speaker and an unimpressive bean counter.

Funny comment about the little rodent speaking at graduation. But have you ever heard the little man speak? Modany can't string two coherent sentences together.

Cheers to all for doing such a splendid job. You're all heroes.

Modany should probably give the speech at the graduation ceremonies this term. I'm sure he has a lot to talk about.

To current student. Nothing posted on these forums is official information ... it's speculation, gossip, etc. You really need to contact your school management and ask them -- go to your campus if necessary. You are paying thousands of dollars in tuition for this quarter and you certainly have the right to ask questions. Then come back and post what you find out!

I'm a current student... Will ITT pull through? (I don't think so) and when do you think it will close?

100% agree. Weird makes no sense directives from on high were constantly being handed down to recruiters and instructors, while the quality of instruction suffered due to poor curriculum and even poorer resources. My campus where I taught was typical. Tons of employees working "admissions" while I'm staring at a room full of pentium computers. I couldn't even buy a $25 tablet for teaching Android development. Corporate focused on all the wrong things in the wrong way. You know, part of this was they were too big.

I completely agree, finally someone posted a comment that makes sense!!! And by the way we are not kool aid drinkers, we did our jobs the way is supposed to be done.