Is anyone hearing any rumors of closures? Does that mean teach out? or lock the doors?
10 replies (most recent on top)
Did you hear that they are closing next week from a reliable source? Are you saying paid on Tuesday hand out checks and close the doors?
The owner is trying to save the company. Either he will be successful or he won't. If you are worried for your job, QUIT and get a new one. Lots of mistakes have been made and obviously the company is barely hanging on but stop spreading rumors and go find another job.
I give it two weeks.
You're kidding, right? EDs have been kept in the dark about most decisions under the Chiusolo regime. If and when a closure comes it will likely be hand led like ITT Tech: We'll all show up to work and the doors will be locked, we and our students will be out in the cold.
The paper checks, challenges with paying vendors, and the CEO leaving all seem like signs that closure is near. It is evident that the company is in turmoil. And the question seems to be not if it will close, but when will it close?
There is no closure. it's just a rumor because of the CEO leaving, the paper checks and challenges with paying vendors. They are horrible at communication, but they wouldn't keep this info closed off from our EDs.
Our ED was told to start preparing for closure and then within 24 hours was told to prepare for a start. I tell ya.. Home Office is a joke.
Did you ask your ED how many resumes they have out right now?
I give us until the January 1st.
I've been hearing that for over a year now. At this point, just put us out of our misery please! I can't take these bad decisions any more. The management comes in, doesn't even look to see what we have going on and decides EVERYTHING IS WRONG. Then they take it upon themselves to change everything, our logo, our brand, our curriculum, our people. How's it working now?