"The company is following a strict cost-control routine and is particularly looking to combat escalating costs at transition institutions like DeVry University and Carrington Colleges. Management expects costs at these transition institutions to decrease by a further $75 million from the fiscal 2013 levels, higher than prior expectations of $60 million.".....http://finance.yahoo.com/news/devry-hits-52-wk-high-181006821.html
4 replies (most recent on top)
more layoffs occurred at the campus level, how many, not sure
it's the fall in one month, will devry have layoffs?
cut cut cut but keep those VP bonus checks coming along
A company can only cut their way out of problems for so long. After that, more drastic measures need to occur. Like closing schools that lose money.