Employees deserve to have some communication from leadership. Paul has not addressed us in a long time. There has not been any leading going on and it’s time we get an update. The moral has never been so bad. Maybe the truth is they don’t care... — read more
SE VP and Directors
Looking for a validated answer to what SE Directors and SE Vice Presidents do in terms of driving bottom line profitability?
Stocks
I have 1800 stocks purchased via espp when I was drinking the kool-aid. I last checked etrade when I was laid off end of 2023 and left it all in there bc the stock was so low. I checked in yesterday and only have 66 stocks. They practically stole all... — read more
Debt refinancing
When will we know?
Where it went wrong
Chip paid for a party culture all the time. But he never had accountability for himself, execs and trickle down Chip used investor dollars to fund his own playground, all while getting a massive tax break if he employed X Amount of PG County... — read more
OPM crackdown in MN
Who's next? https://www.chronicle.com/article/why-one-state-is-cracking-down-on-online-program-managers
The bare minimum
I can’t push harder or be a good employee anymore. With no financial incentive, what’s the point? It’s a waiting room until we all eventually get laid off. I am just desperately grasping for some motivation right now. I miss the old happy vibe this... — read more
How?
How are people reconciling the dwindling staffing decision making with student success outcomes? I’m finding it harder and harder not to be transparent with my students that they aren’t really set up for success and full support anymore. Because I... — read more
HQ
What is the plan for office post HQ?
Part time work feedback
Given the recent post about 2u bringing laid off employees back, does anyone have any experience or success requesting part time employment?
HR asking laid off workers to reapply?
Been hearing that some recently laid off employees are getting emails from HR asking them to reapply because they've laid off too many people. Can anyone confirm or know more about this?
Radio silence
Recently it has been radio silence with leadership. Is there a refinance? Bankruptcy? Rumors are starting to swirl. Time that the leadership especially Paul, give us an update. In the meantime attrition is at an all time high. Moral is in the... — read more
earnings call?
next earnings call will be in august....? https://investor.2u.com/news-and-events/events-and-presentations/default.aspx what happens if there is an earnings call and no analyst shows up?
Be honest…
I’m interested in hearing DIRECTLY from people who spoke up straight to their faces, not people who are trying to excuse themselves and feel better about staying silent. I was hit by one of the layoffs in the last 10 months, it seems like a few... — read more
Describe your least favorite higher up without saying their name
What the title says. It’s getting stuffy in here, so let’s be honest about some of these sorry excuses for leaders. Gotta let it out somewhere.
Cut the fat part II…
Would any BC directors in here explain what you do all day? I’ll wait….
Celebrating placements... a month after laying off Placement
What the he-l is this about? What a slap in the face. https://www.linkedin.com/posts/2u_2u-celebrates-teachers-and-healthcare-workers-activity-7213980405513777154-m2y4?utm_source=share&utm_medium=member_desktop
Can’t afford to promote???
How F’ing frustrating that we can't afford a $5k raise for a front-line AC, yet we're able to allocate thousands for a newly created position. Another misplace priority from Se. Leadership. F U leadership!!!! Hi Team, I am thrilled to announce that... — read more
Where is Paul?!!! Time for an update.
It’s time employees get an update. Not the BS meetings with senior leadership that have 1 door out the door. SE is shrinking everyday with attrition, which I am sure is probably why we haven’t had a layoff by now. All we get from managers to... — read more
Cut the Fat
It is very confusing why we have 20 SE Directors; not entirely sure what they do to drive $$$$. It’s mostly, just a conduit to communicate admissions/student success to 2 VPs What is going on with Bootcamp? Why is SE always the department to... — read more
Paul and most of upper leadership have been MIA
Where is leadership? No updates lately.
Debt refinance
Any update on this internally?
All the Employees who aren't getting raises - Check this out, Paul & Matt's Offer Letter
Paul: As of your Promotion Date, your regular annual base salary will be $750,000 USD, subject to annual review for increase (but not decrease) by the compensation committee of the Board of Directors (the “Compensation Committee”)... — read more
Chips $20K per Month for 36 Months (20% of his time) Agreement - Basically $100k per month Compensation Agreement
https://fintel.io/doc/sec-2u-inc-1459417-ex103-2023-november-17-19678-7404
Investors: Class Action Lawsuits Abound
Levi & Korsinsky Notifies 2U, Inc. Investors of a Class Action Lawsuit and Upcoming... — read more
More layoffs??
When are the next layoffs happening? Assume sooner than later as it seems like a lot of over staffing still in play!!!
Not taking the okie-doke
TWOU shares at $6.05 and falling. TWOU's market cap is at an all time low: $16.97M. That's from an all-time high of $5.43B on May 30, 2018. Meanwhile Chip gets to ring the bell again. https://companiesmarketcap.com/2u/marketcap/
Chip rang the bell again...
"Pro Athlete Community visits the Nasdaq MarketSite in Times Square. By delivering elite-level education, experiences, mentorship, and community, PAC's mission is to empower professional athletes to relentlessly pursue what's next. In honor of the... — read more
Not A Student Response Site
Please remember that this platform is for employees and former employees of this company to discuss company concerns. This is not for disgruntled customers, in this case students. You have every right to create a site and petition and voice your... — read more
Reasons for 1-to-30 reverse split
2U, Inc. is implementing a 1-for-30 reverse stock split to increase its per-share market price and meet Nasdaq's minimum bid price requirement for continued listing on the Nasdaq Global Select Market[1][2][3][4]. The reverse split will consolidate... — read more
HurricaneTWOU.com: Digital Protest Exposes Syracuse, USC, Pepperdine, and University of North Carolina in 2U edX Edugrift
https://www.highereducationinquirer.org/2024/06/hurricane-2u-digital-protest-exposes.html
1 for 30 split
https://finance.yahoo.com/news/2u-announces-1-30-reverse-200500474.html
It gets worse...
UC Berkeley named... https://www.auditor.ca.gov/reports/2023-106-recommendation/
Retention bonus?
Weren’t we supposed to get a retention bonus this month? I’ve seen no update since Apr 3 emails.
Metric requirement increases
Leadership in degree have made it pretty clear that metric requirements are going to increase for ICs. It’s a bit unclear how exactly they can force that, they hinted at possible increases but we have already been told no increases. So, can they... — read more
US Employee Count
Does a HR anon want to disclose how many US employees remain?
Internal Email Reveals Colleges Frustrations with 2U
https://www.chronicle.com/article/not-how-you-treat-long-term-partners-internal-email-reveals-colleges-frustrations-with-2u
Everyone quitting
Everyone one around me is quitting. Some that don't even have another job lined up. Which unfortunately I can't afford to do. I'm curious, for anyone else seeing overwhelming attrition on your teams, is anyone getting promoted/replaced or is more... — read more
Chip if you’re reading this and I know you are
Go fu-k yourself
Bootcamps.
How are bootcamps doing?