EDMC Reports Revenues, Enrollment Down on Heels of More Layoffs (Charlie Deitch) from the Pittsburgh City Paper
"First Education Management Corp. froze wages to avoid layoffs. Then they laid off employees and closed down an online branch in Phoenix. None of those actions, however, could stave off even more layoffs at the downtown for-profit educator. According to multiple sources inside the company, more than 50 but fewer than 100 employees were laid off Wednesday from various locations in the city. "
"First Education Management Corp. froze wages to avoid layoffs. Then they laid off employees and closed down an online branch in Phoenix. None of those actions, however, could stave off even more layoffs at the downtown for-profit educator. According to multiple sources inside the company, more than 50 but fewer than 100 employees were laid off Wednesday from various locations in the city. "
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