University of Phoenix parent to lay off 500 workers on declining enrollment

Matt Zalaznick's picture

The parent company of the University of Phoenix announced that it is laying off 500 workers around the country as it faces declining enrollment and transitions to more online-only courses.

The shake-up largely affects career services that had been handled by non-faculty staff members and employees who helped develop new online studies in the increasingly crowded higher-education field, said Mark Brenner, chief of staff to the CEO of Phoenix-based Apollo Group, which owns the University of Phoenix.

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