Apollo Education Group, parent company of the University of Phoenix, plans to lay off the employees next month.
Apollo Education Group, parent company of the University of Phoenix, plans to lay off 76 employees in Seattle next month, according to a state filing.
The Phoenix-based company, which runs for-profit, postsecondary schools, will close an office that housed mostly technology and some marketing workers.
Executives announced in January that the company would have to reduce staff and trim departments due to declining revenue from its flagship University of Phoenix campuses.
In early February, the company announced it sold itself to a group of investors for $1.1 billion and would become a private company.
Most Read Business Stories
- Airbus's A380 failure ripples through its rivalry with Boeing in complex ways
- Property taxes dropping in half of King County cities after years of big increases
- Amazon: Canceled New York jobs likely to go elsewhere; company will 'continue to evaluate' growth in Seattle
- For local businesses, Snowmageddon created a mix of winners and losers
- Delta's Seattle-based employees get $47 million in bonuses
An Apollo spokesman said the Seattle layoffs would not impact the University of Phoenix’s locations near Seattle, including the Western Washington campus in Tukwila.