University Of Phoenix To Lay Off Employees

Career College Central summary:

  • Apollo Group, the parent company of University of Phoenix, confirmed that it will notify and lay off 500 employees this week. A spokesman wouldn’t comment on specific positions, but described them as non-faculty jobs.
  • The announcement coincided with the release of the company’s annual report filed with the U.S. Securities and Exchange Commission.
  • A spokesman for Apollo Group said the layoffs are spread nationwide across Apollo Group’s various higher-education schools. There's no word on how many jobs will be lost in Arizona, which is home to the company’s headquarters and largest number of jobs.
  • The annual report also noted a decline in student enrollment, as well as the closure of some ground campuses.

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