I can't believe people are not aware of the truth of what a "for profit school" really is ??? sorry to burst anyone bubble, but DV is a BUSINESS. I'm so surprise certain employees don't believe this. I have been with DV for 10 years now. I have seen 5 layoffs during that period, so any new employees that just started in the last year. The lay off are coming! I can't stand, these Town Hall meeting and Q & A emails we receive about the whole transition. Someone asked in the last Town Hall meeting back in Dec 2017, "Are we expecting layoff?".....and the answer, " We don't expect it but our organization structure is based on students = profits = shareholders ......YOU KNOW WHAT THAT MEANS.
Why can't the end result be.......wait for it......students!!!
Usually, in the event of a layoff. It will happen on a Thursday or Friday at 9 am. The Town Hall will go in detail, why DV went this route. But we all know! You ID badges will be deactivated the night before (in some cases), and management will know the day before.
The final attempt for DV to bounce back was the Tech Path platform pricing. Home Office was expecting an increase with the reduction in tuition cost. But by the November session, Home Office was not at there break even point. How do you expect to attract students, with no continuing marketing of the Tech Path. word of mouth, c'mon.
This was posted by @S2SVLmC-5qot in another thread, but it needed to be in a thread of its own for more people to see it. Good explanation and good info.