SAN FRANCISCO BUSINESS TIMES: University of Phoenix affiliate to move or cut hundreds of jobs in San Francisco

Career College Central Summary:

  • Apollo Marketing Group, an online advertising network affiliated with the University of Phoenix and its parent company, will move as many as 200 staffers out of town and eliminate dozens of positions before its Financial District lease runs out in the fall.
  • The "vast majority" of up to 300 San Francisco positions will move to Seattle, Chicago and Phoenix, according to a spokesman for Phoenix-based Apollo Group Inc. (Nasdaq: APOL). "Only a fraction are likely to leave the company," said the spokesman, who asked not to be identified by name.
  • But another informed source said as many as 75 staffers in Apollo Marketing's San Francisco staff are likely to lose their jobs. They are primarily people in its brand marketing, project management and creative units, the source said. The latter includes copywriters and graphic designers, said the source.
  • Those functions "will be outsourced," the source said. But most of the group's roughly 150 to 200 IT and other technology staffers are expected to land jobs elsewhere in the company.
  • The moves reportedly were announced Monday morning to groups of employees as being part of a consolidation effort. The marketing group's lease at 199 Fremont St. is up in November and is not being renewed, they were told, and Apollo Marketing Group wants to vacate the space by late August.
  • The unit handles marketing for the University of Phoenix, Western International University and other Apollo Group entities.
  • Apollo Group acquired the network in October 2007 for about $48 million, when the San Francisco advertising company was known as Aptimus.

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SAN FRANCISCO BUSINESS TIMES

 

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