In looking at the SEC paperwork, I see that Devry got rid of two major executives in late January. Can anyone tell me why they were sacked? It was surprising to see that one of them was in charge of the most profitable part of DV.
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i think there are always small layoffs going on anymore. They are coming at a quicker frequency. Management prefer the small layoffs to avoid the bad press and for other colleagues to not know what is going on. No one is safe.
I know that 26 were let go in January & 51 in March.
Hearing the same rumors at DeVry. Anyone have any info?
There are rumors of further reductions within CCN. Possibly faculty, students services, or admissions. Is this true?
As usual it was never announced. They have been very secretive about all the reductions lately. Someone must have realized that mistreating employees leads to bad press so now they just do it secretly.