Heard that labor costs have risen too fast and there will layoffs for people in VP, Sr. Director, and Director positions
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You are right! https://www.bizjournals.com/washington/news/2019/11/13/2u-ceo-chip-paucek-stresses-focus-on-cost-cutting.html
Word is the next round is coming early 2020.... earnings per share are looking bad. very. bad.
You were so right!
Thats what my friend told me whose svp... time to start looking b/c things look bad