Zovio isn't sure what Zovio wants to be
Pros
coworkers are great. employees can get a degree for free aside from cost of electronic textbooks
Cons
No clear future. Zovio is looking to sell their only client, Ashford, because they can't prove to the gov't that they have enough money to properly cover Ashford. They can't take on new clients until they are separated from Ashford, which can't happen until they sell it. Upper management mislead/lied to San Diego employees about job security once HQ moved to AZ. No one feels safe. Company culture and morale tanked since moving from Bridgepoint to Zovio. Stock price tanked from $10 last year to $1.40 now. Promotions and new hires have to go through the COO. regular promotions of 10% were put on a hold and given if employees agreed to a 4% raise. New hires are waiting several weeks after hearing they got the job to receiving a job offer.