The company who owns 26 percent of bridgepoint stock is dumping it today. In addition ashford bought $150 million worth of stock a few months ago not sure what is going on
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Bridgepoint laid off 65 people between last Monday, Aug 14 and Friday, Aug 18, myself included. No warning, no time to bid colleagues goodbye, just boom, done and out of the building. I since heard that people in leadership and management were also let go. I have not, however, seen any mention of the layoffs in the news. I wonder who is left to lead whatever workload they have remaining? A very dicey operation they have going there. I'd wish them luck, but I think they're going to need more than that to right their sinking ship.
I heard layoffs have started or being reviewed again. I think its time for them to just fold up shop. You can't continue to have layoffs this often and have a healthy work force or product.