Thread regarding Education Management Corporation layoffs

No update from the CEO this month...

He was keeping his promise of keeping us up to date at the start of each month with progress of the deal. Nothing posted this month, total silence all around. Makes me nervous.

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| 1454 views | | 3 replies (last June 20, 2017) | Reply
Post ID: @OP+NSzle6f

3 replies (most recent on top)

The sale in probably dependant upon FY17 performance and Q1 financials. Lots of moving pieces. Unfortunately there's likely to be a RIF this week to make sure FY18 outlook is strong.

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Post ID: @sbr+NSzle6f

Maybe nothing is happening to report?

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Post ID: @tpf+NSzle6f

You actually think he was being honest with you? I am sure he is too busy ensuring he gets his bonus before end of year to care about those working at the schools.

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Post ID: @qsa+NSzle6f

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