Thread regarding Bridgepoint Education Inc. layoffs

The numbers were even worse than expected...

Operating loss for the three months ended March 31, 2019 was $7.2 million, compared with operating loss of $0.6 million for the three months ended March 31, 2018.

Net loss for the three months ended March 31, 2019 was $6.6 million, compared with net income of $1.3 million for the three months ended March 31, 2018.

https://seekingalpha.com/pr/17507491-zovio-inc-reports-first-quarter-2019-results

https://www.sec.gov/Archives/edgar/data/1305323/000130532319000063/bpi033119form10-q.htm

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| 1111 views | | 2 replies (last May 26, 2019) | Reply
Post ID: @OP+YZHJ7Qq

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Worst place I ever worked, so am also enjoying watching them sinking. They lie to their employees, lie to their students, lie to their investors... I would feel bad for all the people I worked with in San Diego that are going to be laid off soon unless they want to move to Arizona, but they were all d---s so hope they enjoy looking for a new job like I had to s---ers!

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Post ID: @gaem+YZHJ7Qq

I hate to say I told you so, but...I told you so. I worked at Bridgepoint in 2008 as their ship was taking off and their growth was INSANE! I also started blowing the whistle back then on their unethical business practices, both with students and employees, but nobody listened and nobody cared...now look where they are.

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Post ID: @2fse+YZHJ7Qq

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