Minnesota’s Biggest Edutech Company Is Slashing Jobs

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Via Star Tribune

Capella Education which last week merged with another for-profit education firm, Strayer Education, plans to lay off 125-plus headquarters employees as part of the consolidation. Executives of what is now called “Strategic Education,” said in a Star Tribune interview last week that, within 18 months, they planned to cut $50 million out of their combined annual expense base of about $800 million.”

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