Topics regarding layoffs at Zenith Education Group

Topics regarding layoffs at Zenith Education Group

Who owns EDMC?

Who owns EDMC? I had believed that KKR owned the company, but then I checked Yahoo Finance and it showed something very different. That webpage indicated that Eaton Vance was the largest stockholder with about 110 Million shares. Providence Equity... — read more 

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| 990 views | | 3 replies (last April 7, 2016)
Post ID: @OP+GNzvK91

Where did the million students go?

At one time Corinthian had over 110,000 students. About the same time UoP had over 600,000. EDMC had over 100,000. Then there was CEC and others. Now? Few so few students. When will they return?

Dave Goff

Twatwaffle

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| 611 views | | no replies yet
Post ID: @OP+GM6yEQg

Career Education is a dying industry!!

Career Education, regardless if the company is for-profit, non-profit, or not-for-profit, is a dying industry. Most of the kind of career education can be provided by publicly support community colleges or junior colleges. Their cost structure is... — read more 

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| 1100 views | | 9 replies (last April 11, 2016)
Post ID: @OP+GMr4otc

Teach out!

March 23rd Pompano Beach FL went into teach-out.

Closing Schools latest

Does anyone know when they are actually going to "close close," the latest 15 schools on the chopping block? All I hear is that they are closing. but no one seems to know when... Any of your school's faculty and student's already bolting for the... — read more 

Hawn

Couldn't hold Massamino's jock strap! ECMC Board of Directors should be ashamed of his appointment as CEO and immediately look to replace him. PETER PRINCIPLE!

Dallas Campus

Is the Dallas campus still open? Is Peters and his "team" still around?

If I were you

For those that have stayed and are engaged in the future of Zenith, wish you the best. I made a decision to leave months ago and I am happy. If you are not at Southfield, Tampa, Bissonett, Tacoma, Marietta, Fortworth or Cheasepeak, you need to start... — read more 

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| 185 views | | no replies yet
Post ID: @OP+GJ9QiI6

Inside Information

Looks like a major article is going to be coming out. Discussing disfunction of Zenith, nability to stabalize and lack of changes at both ground and online. Rumor has it that a reporter has been making calls.

Catching up on reading

I finally had an opportunity to catch up on articles some of my friends told me about. http://bigstory.ap.org/article/2d8a1bc9ec8f43a0bc52436d6323ce05/trouble-remains-following-failed-profit-schools-revival

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| 620 views | | no replies yet
Post ID: @OP+GIuGK0y

Finally catching up on some reading

So I finally had a moment to catch up on a couple of articles friends told me about. This was an attention grabber. Is anyone surprised by the calling out this article references?... — read more 

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| 833 views | | 1 reply (April 3, 2016)
Post ID: @OP+GIJrUGK

April Fools Day is Over

Now that April fools day is past we can stop all the jokes about how well things improved in one week. We can also see that nothing has changed at campus level other than job titles. Same management, different titles. Get rid of 4 regional VPs and... — read more 

Buying Influence in DC

Here's how it works.....................http://lobbying.influenceexplorer.com/lobbying/registrations/kWPWoAZk4DTusH84XXaLyb

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| 860 views | | 3 replies (last April 2, 2016)
Post ID: @OP+GIB6qYZ

Good numbers at South Florida campuses

Q1 in South Florida shaped up to beat expectations. Pipeline is strong. The miserable trolls will commence soon, but thought I would share the good news anyway

Zenith me thinks lawsuits are headed your way.

Zenith EVP Team, I hope someone is taking a strong assessment of the ages of displaced employees in comparison to the ages of replacement employees. You changed the title, but the role stays the same. Also, you have campuses running amoke making... — read more 

Early returns look good ... put down the crack pipe.

Zenith cut $30m in salaries. This was a figure they have been chasing all year, a deficit. However, they are adding back in a significant portion of that savings in new positions and promotions. Which no one is tracking from a financial modeling... — read more 

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| 900 views | | 5 replies (last March 31, 2016)
Post ID: @OP+GG4MrPd

Early returns are good after last week's restructuring

For the past week the finance/B.A. guys have been working almost around the clock and with the latest restructuring I'm hearing the early returns are "much better than expected". Spring enrollments haven't been ideal, but are "sustainable" and the... — read more 

Dont tell it all

I wouldnt tell all of my business to these people. They will go behind your back and tell all they know about you so dont tell if you fired or quit. Dont tell where you get a job because somebody might not like you and stuff could happen. And dont... — read more 

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| 930 views | | 2 replies (last March 31, 2016)
Post ID: @OP+GGKi70U

Can we all get along?

Can everyone please come together for the sake of the student? At the end of the day they are the ones who are paying for a sheet of paper that has less value then my roll of toilet paper (1 ply that is). Tell the student to google Everest and run... — read more 

WyoTech New Start

WyoTech just had their spring start a couple days ago. Smallest number of new start students in history. Population numbers at the lowest level ever. How can we continue to operate at these numbers?

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| 770 views | | 5 replies (last April 8, 2016)
Post ID: @OP+GF1U8hn

WARN Notice Filed By Zenith

http://www.floridajobs.org/REACT/warn.asp?year=2016 http://www.bizjournals.com/tampabay/news/2016/03/28/education-giant-to-lay-off-127-in-tampa.html

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| 1300 views | | 8 replies (last March 31, 2016)
Post ID: @OP+GF45Pvl

all we are saying.......

Mary Ostrye, Zenith’s provost and chief academic officer, joined the career college chain in August. She had been the provost and senior vice president for Ivy Tech Community College, Indiana's two-year college system. Ostrye said Zenith has changed... — read more 

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| 1540 views | | 7 replies (last March 30, 2016)
Post ID: @OP+GDM2QSx

Ethical versus Moral?

Who is more ethical, someone who pretends to be recruiting students, or one who recruits students? Who is more moral?

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| 640 views | | 1 reply (March 29, 2016)
Post ID: @OP+GDvn29q

Recipe for disaster

Why are there some DOCS, still at the campuses if placement is to be ran through the new Director of Student Success? All of this is laughable as the DOA's could barely get students in the doors and keep a team working. Now, they have them doing... — read more 

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| 890 views | | no replies yet
Post ID: @OP+GDNLhOM

Read your handbook! The Snitch is here.

After a long week of another cut at Online and careful review of the posts of bashing folks and calling out teammates and directors by use of initials, it is time we truly make our H.R. staff aware of the unethical behavior that exists among the... — read more 

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| 1490 views | | 11 replies (last March 30, 2016)
Post ID: @OP+GDoYWaI

Hope the $490K was worth it

ECMC paid Podesta Group $370,000 for lobbying in 2015 and $120K the quarter before that. I wonder what that got them. The Podesta's are DC elites, and friends of the... — read more 

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| 1580 views | | 3 replies (last March 28, 2016)
Post ID: @OP+GCDiitn

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