Thread regarding Education Management Corporation layoffs

Chicago is too expensive for TDC. It is underperforming as it is. Drastic reductions = closure.

For the ones that keep complaining. You can quit and find another job. No one is holding you hostage.

Exactly 2bkw... this was the Westwood way when it dissolved.

For those who believe things wiil stay "business as usual" I have ocean front property in Arizona I would love to sell you. If you think a company is going to purchase a struggling company and not make huge money saving changes within the first 90 days, you're either stupid or in total denial. Unprofitable campuses will be taught out and closed, others will be consolidated. Large reductions in staff will be the first thing done because it is the quickest way to effect the bottom line. Don't fool yourselves by thinking you are at bare minimum because many will be trimmed to the bone and then some.

So long s---ers. Karma wins again.

How soon?

Wonder why these sources never say anything about argosy or south ? So I guess they are safe.

The Chicago campus is not safe! Based on the source the Houston & Atlanta branches will be heavily impacted with reductions on all levels. All locations throughout the AI platform will be impacted with reductions, some more than others! The source is legit from the Dream Center!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

How do we know this is legit? Where did this information come from?

The writing is on the wall come on people! Why wouldn’t they close more campuses. Do we really need all these locations? This means big savings and more revenue for the DC. When Mark E. said that nothing will change he lied through his teeth. They just wanted the skeleton crew to push more students through, period!

Does this mean the branches of Chicago are safe? Or other campuses that are in close vicinity will not be impacted?

Anxiously awaiting unemployment $$$ with or without a severance package!!! Can't wait!!! So EXCITED to be done with this cancer.

Will AI online be effected?

I can't believe this post! How could a company as benevolent and kind and good, as civic minded and as well run as EDMC; and as dedicated toward helping students for over 100 years just throw us to the wolves. It's just not in their character. It's not like they have a history of double dealing people you know. Far

from it.

But now I'm just starting to wonder. It's

tragic to say the least. But I do wish you all well my fellow mislead. Maybe it is time to

drink the purple kool-aid but we seem to

be all out. Maybe I should tell the boss what a snazzy dresser she is. That's worked before....no, no, no...

Ah, I want my mommy!

out.

I feel betrayed. Don't you?