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Career Education Corp. Message Board

  • shavitmi shavitmi Aug 12, 2013 9:10 AM Flag

    here is what the ceo said on the cc

    Overall, Career Education is beginning to see signs that we're reducing our losses through our rightsizing and reengineering efforts. We are actively taking cost out of the business as we become more efficient and adjust the organization size to serve a smaller overall student population. By controlling costs and improving the efficiency and effectiveness of our operations, I'm confident we are moving in the direction of breaking even or returning to profitability and the visibility of the business appears to be improving.

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    • jkprice@sbcglobal.net jkprice Aug 12, 2013 1:32 PM Flag

      Well, it's not the most encouraging statement. But then again, the man is not sounding like a person who is leading you on either. What is strange to me is that when times get slow like this in the economy it is the perfect time to bolster up educational learning for people so when the economics return those without a job can apply new skills. Just seems like a lost opportunity in the overall society we live in.

 
CECO
5.06+0.08(+1.61%)Jul 29 4:00 PMEDT

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