"On April 30, 2020, Richard Theis filed a stockholder derivative complaint purportedly on behalf of the Company and against Christopher J. Paucek, the Company’s CEO, Catherine A. Graham, the Company’s former CFO, and the Company’s board of directors... — read more
Topics regarding layoffs at 2U Inc.
"For starters, 2U is NOT an EdTech company. It is a white label for-profit school." https://seekingalpha.com/article/4343088-2u-dont-expect-huge-tailwind-out-of-coronavirus
Sounds like investors are not buying the pitch. "Sorry. 2U’s model remains broken and no amount of perceived demand will fix that. Do your own homework people. There’s a reason this thing went from $100 per share to below its IPO... — read more
What do you think - what happens next here?
"There are many parts to the current Coronavirus crisis and its effects on US higher education. But they all boil down to the Trump mantra (defund, deregulate, and privatize) and the opportunity for the elites to capitalize from the crisis, as they... — read more
20+ Employees in Admissions laid off.
2U is one of 5 being questioned. Democratic congressional inquiry targets OPMs https://www.educationdive.com/news/congressional-inquiry-targets-online-program-managers/571275/
"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
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
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
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
The gig is up https://tcf.org/content/about-tcf/tcf-analysis-70-university-opm-contracts-reveals-increasing-risks-students-public-education/
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
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
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
Nice work, if you can get it. https://www1.salary.com/2U-INC-Executive-Salaries.html
let's open this can of worms. https://investor.2u.com/index.php/board-directors
I hear that these programs are overpriced. What are the prices for these degrees and certificates.
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
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
It's easy to find me. https://collegemeltdown.blogspot.com/
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 mentioned many times... https://www.theatlantic.com/education/archive/2019/08/online-graduate-programs-recruitment/596077/
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
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
I enjoyed working for this company, but I think we can all agree that I has become an ill environment in which none of us are safe, which results with many of us turning on each other. I believe most of us got it through our heads now, that working... — read more
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