University Of Phoenix To Lay Off Employees
Career College Central summary:
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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.
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The announcement coincided with the release of the company’s annual report filed with the U.S. Securities and Exchange Commission.
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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.
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The annual report also noted a decline in student enrollment, as well as the closure of some ground campuses.
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AZ CENTRAL
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