Bright Ideas
U of Phoenix lays off 470 more employees
Institution: University of Phoenix, Arizona
Implementation Date: April 2016
The struggling online university, being sold for $1.1 Billion, lays off more staff after almost 900 were cut last June. Enrolment at the University of Phoenix peaked at 460,000 in 2010, and is projected to hit 133,000 by 2019.
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