2U Inc. Layoffs

Topics regarding layoffs at 2U Inc.

2U jumps on sale chatter

"A Bloomberg headline says 2U (TWOU +7.8%) - under activist pressure - is mulling a sale." https://seekingalpha.com/news/3532740-2u-jumps-on-sale-chatter

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Post ID: @OP+133oRddO

While you are worrying about being downsized...

Have you seen my College Meltdown video playlist? I think you'll find it very educational. Please take a look and share it with your people. https://www.youtube.com/playlist?list=PLcq7zwhpdzfk4Id4RDVVgURl44elXTGLT Please let me know what you... —  read more 

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Post ID: @OP+12WDDTZE

Hmmm?

https://uspostnews.com/2020/01/09/is-something-really-weird-happening-in-2u-twou-phillips-66-psx/

"2U Doomed to Fail"

https://seekingalpha.com/article/4313548-2u-doomed-to-fail

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Post ID: @OP+12JUonSQ

Private Equity is Coming...

I heard a rumor that private equity may take over the company, fire senior management (i.e. Chip), and strip the organization. Some news outlets have heard this too, apparently:... —  read more 

The competition

http://www.insidehighered.com/blogs/technology-and-learning/getting-my-head-around-noodle-partners

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Post ID: @OP+11YvQu5e

WeWork collapse and 2U

What happens to the space that 2U students had in upscale neighborhoods? "In January 2018, students taking online university courses from 2U gained access to WeWork common spaces and meeting... —  read more 

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Post ID: @OP+11EARU2I

New CFO

https://seekingalpha.com/news/3506122-2u-finds-new-cfo

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Post ID: @OP+11Akl8pk

Ticked off because 2U is broken

2U's learning system is broken and they can't staff enough people to handle all of the issues. Don't know where executive leadership is spending the boatload of money it makes from students, but it isn't hiring people. We can't continue on this... —  read more 

College Meltdown Progression

COCO, ESI, EDMC, CECO, APOL, ECA, NAUH, DCEH, LAUR...TWOU? Check out the layoff pages to piece together the story. Ask Jack about CECO. https://www.thelayoff.com/corinthian-colleges?page=130

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Post ID: @OP+11lV4gP0

See who has bailed from TWOU

https://fintel.io/sos/us/twou 2019‑09‑10 SC 13G/A Wellington Management Group LLP 8,109,165 3,589,946 55.73 2019‑08‑12 SC 13G/A FMR LLC / Fidelity 6,491,721 2,529,801 61.03 2019‑08‑14 13F‑HR FRANKLIN RESOURCES... —  read more 

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Post ID: @OP+11lixWHM

C-Suite Compensation

Nice work, if you can get it. https://www1.salary.com/2U-INC-Executive-Salaries.html

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Post ID: @OP+11lpgHsR

2U Board

let's open this can of worms. https://investor.2u.com/index.php/board-directors

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Post ID: @OP+11igcFCS

"Steer clear for your own sanity"

Admissions Counselors at 2U perform work much closer to fraud telemarketing than "counseling." The volume bleeds the human element out of every phone call because you will constantly be striving to hit metrics and enrollment goals. As an AC, you... —  read more 

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Post ID: @OP+11f6qeab

Any LAWYERS watching this thread????????

LAWYERS/MEDIA- PLEASE post your emails below! (Along with any info you're looking for...). This company is VERY, VERY predatory & unethical, and it is our responsibility to protect the public (students and shareholders) by sending info that could be... —  read more 

BEWARE OF A QUICKLY SINKING SHIP

I don't even know where to start but the TLDR = DO NOT WORK HERE. The company profits off of putting students into large amounts of debt when they could get an equally valuable degree from anywhere else for half of the price. They only promote... —  read more 

2U Layoffs Media Coverage

There you go - source link below... This is from Edsurge Layoffs, Deferred Tuition and More Transparency Among 2U Changes Since Stock Fall Sep 12, 2019 Edsurge.com - By Wade Tyler Millward 2U CEO Chip Paucek came to New... —  read more 

Middle managers are only slowing the work down

Times are tough as it is, but I’ve never seen a bunch of people that are slowing the work down and hurting their very own company more than the middle managers at 2U. It’s like they fell down from Mars or something, only caring about their ego and... —  read more 

2U doesn't care about its employees

At least when it comes to admissions. We are the most important cog in this company - we ensure its revenue exists in the first place. And yet, we are nothing but metrics to those on top. And those metrics are becoming rediculous and impossible to... —  read more 

Management needs to go!

None of what is happening right now is the fault of employees. People I work with are among the smartest I have ever met and they all know how to do their jobs. But it's really hard to do your job properly and get good results when our leadership... —  read more 

Lanham - Leaving!

2U's the company's culture has changed quite a bit. 10 years ago the culture was progressive, innovative, supporting - amazing - it was a great place to work at, supportive culture.... As time progressed, people who started with the company in... —  read more 

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Post ID: @OP+110bK5h4

I hope there are more layoffs

I know this might sound heartless, but I'm getting really tired of this place. Things have changed drastically in the past several years and I am long past the point of caring about anything here anymore. Leaving with a nice safety net in a way of... —  read more 

CEO Needs to Go

Chip Paucek needs to go... No problem will be solved until that's done... Sorry Chip, your time to leave is now...

MD Warn Notices and 2U

https://www.dllr.state.md.us/employment/warn.shtml Nothing shows up here because less than 33% of the workforce was laid off. They are keeping numbers below the line so shareholders don't get scared. More to come.

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