Thursday, November 6, 2014

Bridgepoint Inc. Lays Off 223 Employees

The Chronicle of Higher Education
November 6th, 2014

Bridgepoint Education Inc., which operates the for-profit Ashford University, laid off 223 employees on Monday in the face of lagging enrollment, The San Diego Union-Tribune reports.
Ninety-three of the laid-off employees worked at Ashford University, which has a campus in Clinton, Iowa, while 123 employees worked at the parent company, based in San Diego.
Bridgepoint announced in January it had cut 117 jobs. The company released its third-quarter financial results on Wednesday.

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