It will be interesting to see if leadership puts their money where their mouth is and starts buying up stock at these levels. If they really feel the future is bright this is their chance to make a pile of money.
Another great stunt by 2U leadership
Unbelievable- admissions managers were called into a meeting where we were all demeaned by our VP- telling us we need to “be better” despite the fact they’ve been pi----g on us without the courtesy of even calling it rain. During this meeting we then... — read more
The future of 2U is in the hands of its employees...and it always has
2U could never have gotten off the ground without workers. It could have been a better company if it had been honest with all its workers and if executives had listened to the most ethical and thoughtful workers--instead of marginalizing them and... — read more
Any new information?
Anyone got any new information?
Tuition Reimbursement/Repayment
Has anyone who has recently been laid off been a part of the degree tuition reimbursement program benefit (when the company still offered this)? What happens with repayment, or is this just forgiven? Furthermore, if you leave the company before your... — read more
Has anyone heard from Chip?
I think he’s out
USC ICs
This is geared mostly toward SVP or anyone who might have insight from higher up as to whether ACs & SSAs from USC (which was just dissolved) will actually be redistributed to other programs (as they're currently being told), or if they'll be let go... — read more
PLEASE 2U ask for volunteers for layoffs or offer early retirement package
We all know this is going happen soon. I ask and hope that 2U first ask for volunteers for the layoff. The advantage to Thais is that they will be less likely to be faced with various types of employee litigation if they take volunteers. Sure they've... — read more
Why don't you leave?
Nobody is holding you hostage at 2U. If I hated this place as much as some of you, I'd be putting all of my energy into finding a new job. I can't understand why so many of you don't. What is it that's keeping you here even though you are utterly... — read more
It’s over and unrecoverable
A delisted stock can theoretically be relisted on a major exchange, but it's rare. The delisted company would have to avoid bankruptcy, solve the issue that forced the delisting, and again become compliant with the exchange's standards. The rebound... — read more
us employees in next 3 weeks
I hope you've saved some money. Within the next 3 weeks you will see another round of terminations. Please forgive me for not including more details.
Admissions advisor
I’m in bootcamp admissions and have never been able to swallow the koolaid. The lies they tell us to get us through the day and sleep at night. I’m still here but have been applying elsewhere this whole year. No luck so far and 2U pays my bills. I... — read more
Interesting we are hearing from Paul and not Chop
Re: email was just sent to employees with similar context regarding the stock price as was discussed in earnings call last week. Chip is hiding behind his CFO now?
Andrew Hermalyn for CEO
Chip has got to go. This can’t wait. Chip has lost all confidence from employees and investors. He must be hurting customer relationships as well.
As 2U goes up in flames…
…I hope everyone knows that the people at the bottom of 2U who didn’t destroy the company (admissions counselors, student advisers, placement people, all of us who worked directly with students) actually gave a fu-k about every student we talked to... — read more
TWOU value is slowing approaching Chip’s IQ
90 and dropping fast
So much bad press
When was the last time we got some positive coverage? Can anybody even remember?
America’s Worst Run Company
https://247wallst.com/business/2023/11/11/americas-worst-run-company/
More layoffs are coming
There is going to be severe, and I mean severe, cuts b/c we failed to meet revenue expectations. Large staff cuts are about to happen soon. This isn't to improve efficiency, it's to prevent our stock from lingering under $1 to cause delisting and... — read more
https://www.cnbc.com/amp/2023/11/10/shares-of-ed-tech-company-2u-plummet-almost-60percent-falling-below-1.html
It’s almost like layoffs and firings don’t woek
1.74…
House of cards tumbling…
USC and 2U part ways
https://www.highereddive.com/news/2u-usc-part-ways-online-degrees/699413/
What schools /programs are being discontinued?
What schools are being discontinued?
Let's see how Chip explains this at today's Earnings Call
Losses even worse than expected. https://seekingalpha.com/news/4000343-2u-plunges-reporting-poor-quarterly-results
USC Update Meeting
Just got a last minute "USC Update" meeting added to calendars for 9am PST/12pm EST today, attendees include Dobbs, David Ekedahl, Dominick DiGangi. Anyone know what this is about?
Severance Pay and Cobra
Has any one actually received or started to receive their severance pay? My agreement was signed on the 14 but I haven't received anything and I haven't gotten a response about how to elect into COBRA coverage. This is insane.
What 2U bought when they bought Trilogy
https://www.reddit.com/r/webdev/comments/fd0kct/the_truth_about_trilogy_education_coding_boot/ I was an employee of Trilogy education for over 2 years with experience inside the classroom and on the administrative side. The following is opinion... — read more
Health Check- worried its share price could sink faster than than a dingy with a great white shark attacking it.
https://simplywall.st/stocks/us/consumer-services/nasdaq-twou/2u/news/health-check-how-prudently-does-2u-nasdaqtwou-use-debt-1
2U: Major Restructuring Needed
https://seekingalpha.com/article/4644228-2u-stock-strained-balance-sheet-major-restructuring-needed-sell The stock hit $1.89 today... how long until more layoffs? Can someone put all the execs on a PIP?
Nov 9 Earnings Call
Another Chip song and dance. Don't miss it. https://finance.yahoo.com/news/2u-inc-announces-date-2023-130000126.html
Last Check
Neutral question here: was Friday's paycheck the last one? Or is there one more? Thanks!
Don't Answer the Suverys
They want to see who all is drinking the kool-aid with the new re-org, and who all needs to be kept on a list for next time. Don't give them anything they can use against you.
UPTO
Where are people hitting the denial mark with UPTO after the 20?
"The dirty truth about edX/Trilogy Boot Camps"
The thread started a year ago. The last entry was 12 hours ago. https://www.reddit.com/r/codingbootcamp/comments/z0my41/the_dirty_truth_about_edxtrilogy_boot_camps/
Lessons learned from 2U?
A few of the stories mention Chip's lies and gaslighting and the indoctrination process at 2U. But here are some more questions that have not been fully answered. How did Chip fool so many people for so long? Why does Cathie Wood continue to... — read more
Coursera is also a mess
Coursera is still unprofitable. And the industry is a house of cards...built on sand. https://seekingalpha.com/article/4641686-coursera-stock-robust-revenue-growth-yet-to-attain-profitability
2U sounds like a future Netflix series
With all these stories coming out about 2U past and present, is anyone writing a book or screenplay? Who would play Chip? Who would play John Katzman? Who would play Cathie Wood? Who would play the folks at Trilogy and edX? Who would play the... — read more
Selling certificates for jobs that aren't there?
Even when people are completing their "elite" certificates and degrees, is this creating another layer of the educated underclass and burying them in debt? https://www.wired.com/story/tech-jobs-layoffs-hiring/
It only takes one thing
For most of us it only took that one “thing” that opened our eyes to the he-l that place is. What was your thing?
Ethically,l can not work for 2U
This past year “Chip made this comment “ Despite what our critics say, transparency and quality outcomes for students have been and will always remain our North Star.” As a current tenured 2U/EdX employee l can tell you this can’t be further than... — read more