Thread regarding Bridgepoint Education Inc. layoffs

Nice bonuses

Nice bonuses for the top tier. Think they deserved it?

"On March 29, 2018, the Compensation Committee of the Board of Directors of the Company granted long-term incentive awards under the Company’s Amended and Restated 2009 Stock Incentive Plan, as amended, to the Company's executive officers. The long-term incentive awards are comprised of (i) restricted stock units (“RSUs”) and (ii) performance cash, and are apportioned approximately one-half each in the form of RSUs and performance cash. Such awards were granted to the executive officers listed below in the following amounts"

https://www.sec.gov/Archives/edgar/data/1305323/000130532318000026/a8-k2018ltiawards.htm

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| 771 views | | 3 replies (last May 18, 2018) | Reply
Post ID: @OP+SBIi4et

3 replies (most recent on top)

And a month later, they just laid off about 48 people from various departments on 5/16/18

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Post ID: @Dibh+SBIi4et

I don't think you get it. If things keep up, long term, the stock could be worthless or around 2 bucks a share. lol.

Eventually, their unemployment premiums will force layoffs instead of firings. It get's expensive to weed through people.

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Post ID: @1xjr+SBIi4et

Not at all they clowns keep firing all of the sales staff with unreachabke sales numbers so they fire people instead of a mass layoff what slime balls

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Post ID: @1bhe+SBIi4et

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