Terrorist Attacks and Recession Deal Double Blow to Executive-Education Programs

By KATHERINE S. MANGAN

One of the nation's most successful providers of executive education, Duke Corporate Education, has cut its work force and scaled back its revenue projections because of the fallout from the September 11 terrorist attacks.

The private, for-profit company that was spun off from Duke University's Fuqua School of Business last year cut about 10 of its 77 full-time employees in October. All are expected to be reassigned to other jobs at Duke.

Many of Duke's clients are skittish

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Loan Forgiveness Now Available to Victims of September 11 Terrorist Attacks - December 28, 2006
Charitable Giving to Education Suffered in 2001, Report Says - July 5, 2002
American Business Schools Seek Students Among Indian Executives - January 2, 2009
College Officials Fear Tightening of Student-Visa Rules in Wake of Terrorist Attacks - September 28, 2001
Students Demand Arabic Classes, but Availability Lags - March 22, 2006

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