2U is one of 5 being questioned. Democratic congressional inquiry targets OPMs https://www.educationdive.com/news/congressional-inquiry-targets-online-program-managers/571275/
Topics regarding layoffs at 2U Inc.
"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
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
Many admissions leaders who weren't laid off have already resigned. There is no leadership left, not that it was good anyway.
More layoffs are coming, I swear. Get out now and find a better place to work. They're out there!!
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
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
Chip Paucek needs to go... No problem will be solved until that's done... Sorry Chip, your time to leave is now...
Not sure who it will affect. Be careful.
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.