Quick Look at the job postings for 2U and it’s clear US positions are being phased out at a rapid pace… given their admission that their new “insurance” plan isn’t actually an insurance plan and a “third party vendor” they hope attrition will speed... — read more 

A strategic partner that needs a few good men

Today, we mourn the loss of the old 2U company we once knew and appreciated. We took for granted the perks and culture that defined our workplace. Now, we face a reality where tough decisions are being made—decisions that could see us leaving or... — read more 

Latest example of possible attrition tactics being this Vitori affair, why don’t they just make a VSP round? I’m not leaving for free. Many of us would take VSP and run, because morale, confidence in leadership, our perception of 2U as a workplace... — read more 

This insurance plan is a sick joke… or is this their plan to get all of the US employees to jump ship so they can outsource without paying severance?

If you think you're being underpaid, maybe go somewhere where you will be paid what you think you are worth. Looking for a new job is probably a better use of your time and energy than spamming an all company call with futile requests for updates on... — read more 

Cringe

https://www.bisnow.com/washington-dc/news/office/embattled-tech-firm-2u-moves-hq-to-crystal-city-as-ceo-departs-126188

It’s disheartening to see fellow employees petitioning for others to be let go based on unfounded claims about their work ethic and job performance. Just worry about your own performance.

"So who's next on the chopping block?" Does anyone have any idea? Has any one confirmed the rumors that Exec ACs will be next to get let go? I heard some sources that also some Admissions and Student Engagement Directors and Managers might be let go... — read more 

Long overdue for him to be gone but at least he got paid his bonus early! Maybe the new Board will actually be useful this time if this is one of the first things they did.

The lack of communication is making it so very hard to concentrate. The leadership has handled employees here so badly. IT CAN NOT BE BUISNESS AS USUAL. We need more communication and direction.

https://www.nytimes.com/2024/09/29/us/caltech-simplilearn-class-students.html?searchResultPosition=1 2U is not alone...

Good thing our targets don't read much. https://www.highereddive.com/news/rising-costs-student-debt-turn-graduate-degrees-into-a-risky-proposition/728077/

I am curious to find of 2U will be silent owners or actually be running the show? Will we have the same leadership running the company? I can’t wait until we have a meeting with the new owners and we get clarity. But then again it may not make a... — read more 

To the people who mentioned layoffs are coming before Paul talked about “refinements”… Where did you get your intel? Can you expand? What departments?

The company states they value their employees however, not enough to be transparent with us. What is next for this company. Have not seen any thing being done differently. Continue to be told to drive urgency and push students to complete their... — read more 

Whats the feedback? Hows the attendance?

I get the impression there are other unsatisfied parties besides USC and Fordham.

Admissions and Student Success within degree are the heartbeat and lifeline of this organization. So many ICs are coasting bye as they are meeting the minimum kpi/metric. If the company wanted profitability they would drive results, results are not... — read more 

Circus, Circus Las Vegas! Clown leadership. Give us all snow cones and cotton candy for our work on the ground since you can’t compensate us. I guess you guys* (except one woman thank god AH pointed her out) took all the dough.

"Transparency does not mean telling you everything I know." -Paul S Lalljie While the executive team promotes transparency, their actions suggest otherwise. They continue to obscure the truth, selectively sharing information to manage perceptions... — read more 

They acted like they had no idea any of the questions about layoffs, raises, retention, transparency, diversity would be coming. What exactly does “speak up and commit” mean? “Oh but don’t forget we have that one woman in the room!” I bet she does... — read more 

Paul did a fabulous job displaying a callousness that brutal dictators would be proud of, during the company meeting. It’s clear where this company is headed and the employees are NOT the priority.

Get ready

"Upon emergence from Chapter 11, 2U will be governed by a new Board led by Brian Napack as Executive Chairman. Mr. Napack is a longtime education industry executive, former CEO of John Wiley (WLY), Chairman of the Association of American Publishers... — read more 

https://www.butzel.com/alert-are-dei-based-termination-decisions-creating-liability-for-your-company the layoffs have clearly had a diversity based component to them. Is it illegal? Do people who have been laid off have grounds for lawsuits?

Voluntary separation programs Some organizations offer voluntary separation programs to encourage employees to leave voluntarily. These programs often include a buyout package that resembles a severance package

https://www.asugsvsummit.com/video/the-magic-of-thinking-big-reaching-edtechs-massive-market-cap-potential-with-chip-paucek

https://www.insidehighered.com/news/tech-innovation/administrative-tech/2024/09/12/fordham-files-cut-ties-incompetent-2u

59 pages plus exhibits.... https://www.sec.gov/ix?doc=/Archives/edgar/data/0001459417/000119312524216174/d897024d8k.htm

By now you should understand that 2U is a facade of its former existence. Your boss no longer cares about mission statements and goals because her boss no longer cares about mission statements and goals. Every U.S. based employee is ticking their... — read more 

Doesn't anyone think they have an obligation to stop Chip and his next scam?

It would be great if we could voluntarily request a layoff with severance, allowing the company to manage staffing more effectively and potentially avoid more drastic layoffs down the line!

This is an insanely small market cap what happens next?? Who knows

Just learned about two promotions at the director level in our org while a good number of us got passed over for two cycles because the business couldnt manage it. For everyone complaining that DEI ruined 2U, take a look at WHO is getting promoted... — read more 

https://www.classcentral.com/report/2u-edx-bankruptcy/ Not sure what is going on at Axim -- maybe they are doing more than this reporter knows about. Given their relative silence, though, they are exposed to reporting like this. On all other... — read more 

You all forgot about the basic principle of “win, win, win”. So now it’s just me who wins.

There will be announcement coming soon about the HQ. 2U is just a husk of a company. This is based on what current and former members of the c suite tell me.

LAY low on Tuesday and take any OFFers to relax. It might be a good time to recharge before things start shifting.