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New Layoffs for EDMC

May 9, 2016
 

Education Management Corporation, a large for-profit chain, last week announced layoffs of 200 employees in the online division of its Art Institute of Pittsburgh, the Pittsburgh Post-Gazette reported. The company has struggled with slumping revenue and enrollments in recent years, as well as federal and state lawsuits and investigations. Last year it announced the closure of 15 of 52 campus locations of the Art Institutes. The new layoffs represent 3 percent of the company's 20,000-employee workforce, EDMC said.

 
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