Topics regarding layoffs at 2U Inc.

Topics regarding layoffs at 2U Inc.

Former 2U/edX employee here, and our (university branded) bootcamps are an absolute joke. Here’s an inside look at how things operate on our end

Former 2U/edX employee here, and our (university branded) bootcamps are an absolute joke. Here’s an inside look at how things operate on our end & how screwed up things are. I recently quit after working for 2U for over 2 years as an “admissions... — read more 

No, it is really that bad.

I've posted before and my warnings have been right. It's bad. Get out. Now. The company has lost 90%+ of it's share value over the last 5 years. The company lost 62%+ of it's share value in 2023 alone. There is no viable business model here. The... — read more 

Where is the Board of Directors?

Publicly traded ed tech company stock tanks for five years, down 97% since 2018 and 80% since going public, with multiple rounds of layoffs but no meaningful changes to the C-suite??? Where's the Board of Directors? Where are the investors... — read more 

Current Employee Sentiments

With all the talk surrounding stock price this, value that, I'm curious if any current employees see themselves here for the long haul. I know things are very siloed and different departments see things through different lenses so I'd like to hear... — read more 

OPM competition dwindling

Pearson and Wiley out. https://onedtech.beehiiv.com/p/shocking-but-not-shocking

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Post ID: @OP+1nC1CbVI

New CPO

From Coursera... https://www.marketwatch.com/story/2u-shares-rise-7-8-company-appoints-mccullough-as-product-chief-a255cef1

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Post ID: @OP+1nyxl3qz

Remember BYJUs?

https://www.bbc.com/news/world-asia-india-66126095

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Post ID: @OP+1nxP1lfX

People are getting demoted left and right!

It looks like 2U is back at it with the demotions and gaslighting. To those affected, I strongly encourage you to seek legal advice. What 2U is doing is not only ethically questionable but also illegal. If you find yourself in a similar situation... — read more 

Thanks (for nothing) 2U

The direction we are going. https://www.highereducationinquirer.org/2023/06/a-peoples-history-of-higher-education.html

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Post ID: @OP+1nqLkXa0

Shareholders Meeting

Good ol' JL gets a vote of confidence. https://www.sec.gov/ix?doc=/Archives/edgar/data/0001459417/000119312523164428/d671863d8k.htm

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Post ID: @OP+1n2aJhS1

The 'new predators in higher education'

https://www.businessinsider.com/student-debt-crisis-online-college-universities-class-providers-opms-2023-6

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Post ID: @OP+1n01X8tc

This is why employee turnover is so high

Managers and directors are a bunch of young people who lack experience and do not know how to manage people or run programs. Many of them have superiority complexes and/or are sheep who follow orders from other incompetent people. All they actually... — read more 

Lazy people all around.

Company is flooded with lazy people. Hours or days without chat or email responses. Are people working? Unprofessional and pathetic.

This seems not great

https://seekingalpha.com/article/4603853-2u-problems-multiplying “All in all, the situation is not trending in 2U's favor. Steer clear here and watch the company's implosion from the sidelines, and resist the temptation to catch a falling kn--e.” — read more 

Where is 2U on the OPM battlescape?

https://www.highereducationinquirer.org/2023/05/opm-market-landscape-and-dynamics.html

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Post ID: @OP+1mACRn5g

The stock price will become a problem this summer

I’ve read news on how analysts are valuing 2U. One outlet acknowledges that investors may push for additional change by this summer. If you take a look at the stock price and layoffs, there’s a clear trend when and why layoffs occur. Chegg bounced... — read more 

It gets worse...

https://s.wsj.net/public/resources/documents/USCComplaint.pdf https://www.wsj.com/articles/lawsuit-says-university-of-southern-california-used-misleading-practices-to-sell-online-social-work-degree-6545ded9?mod=e2tw

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Post ID: @OP+1msLgNah

Really, Chip?

"However, despite US$7 trillion being spent on the education market worldwide, there are no major global edtech companies, even though 2U is... — read more 

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Post ID: @OP+1msdWFOR

Good Old Jack

https://triumpheducation.com/team/

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Post ID: @OP+1mrMCQLH

How's the flywheel effect working?

https://www.edsurge.com/news/2022-08-05-what-a-new-strategy-at-2u-means-for-the-future-of-online-higher-education

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Post ID: @OP+1mqGH7sM

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