Phoenix Will Eliminate Jobs of 700, Most in Admissions

The University of Phoenix is eliminating 700 jobs through layoffs, primarily in admissions departments, the university's parent company, the Apollo Group, announced Monday. “In recent months, we have accelerated the shift in our approach to student admissions, and have refined our business model. These staffing reductions are intended to better align our operations with these business decisions," a Phoenix official told Barrons.com.