Topics regarding layoffs at 2U Inc.

Topics regarding layoffs at 2U Inc.

2U-USC

Imagine what happens if ED really goes after OPMs. https://www.highereducationinquirer.org/2023/03/erica-gallagher-speaks-out-about-2us.html

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| 1230 views | | 2 replies (last March 24, 2023)
Post ID: @OP+1lLEqLu7

2U-USC fallout in DC

Let's see how this mess continues to develop. ED has already changed rules about transparency with universities and OPMs that is scheduled to take effect in May. https://www.linkedin.com/feed/update/urn:li:activity:7039340383553626113/

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| 1590 views | | 4 replies (last March 18, 2023)
Post ID: @OP+1lCyUBHH

More dismal news

Trying to stem the losses by more firings? https://www.highereddive.com/news/non-degree-programs-high-costs-crowded-market/644054/

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| 1220 views | | no replies yet
Post ID: @OP+1lwUMeMI

Cost cutting ahead

https://seekingalpha.com/article/4582641-2u-declining-enrollments-will-threaten-profitability-plans

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| 1273 views | | no replies yet
Post ID: @OP+1lqkaCFk

ROI with numbers?

Is 2U trying to sell schools with ROI for the programs? If so, isn't this fuel for Borrower Defense to Repayment claims?

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| 1074 views | | no replies yet
Post ID: @OP+1lm0EqGx

It's PR Time....

"We care about our mission, we care about our partners and we wake up each morning in service to the 48-plus million learners that come to our platform seeking life-changing educational opportunities. It is time to embrace — not censor — the... — read more 

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| 1440 views | | no replies yet
Post ID: @OP+1lhvLJJA

Steer clear for your own sanity

This was written in 2019, yet not much has changed. Except it has gotten worse. No more company meetings is a plus. “Steer clear for your own sanity" Admissions Counselors at 2U perform work much closer to fraud telemarketing than "counseling." The... — read more 

"Oversight Coming for Online Program Providers"

"Colleges and universities that contract with an online program management company need to submit details about those arrangements by May 1." https://www.insidehighered.com/news/2023/02/16/education-department-review-rules-online-program-providers — read more 

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| 1070 views | | no replies yet
Post ID: @OP+1ldsqfrB

Big Tech Stagnation

The next phase of edtech... https://novum.substack.com/i/101103540/big-tech-stagnation

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| 1230 views | | no replies yet
Post ID: @OP+1l8BI2T9

Here we go again

Looks like the other shoe has dropped only this time they're not dragging us along for the ride....

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| 1590 views | | 1 reply (February 9, 2023)
Post ID: @OP+1l4VPosJ

Path to Profitability?

"Although 2U officials touted that a new business strategy is helping the ed tech company get on track to be profitable, they told analysts Thursday that they still expect net losses in... — read more 

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| 1301 views | | no replies yet
Post ID: @OP+1l2Gym4g

Ch*p explains it all...

Lots of s**t to digest. https://seekingalpha.com/article/4574951-2u-inc-twou-q4-2022-earnings-call-transcript

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| 1234 views | | no replies yet
Post ID: @OP+1l0TIkUV

2U may make a profit?

"The consensus EPS Estimate is $0.21 (vs. -$0.20 last year) and the consensus Revenue Estimate is $234.72M (-3.6% Y/Y)." https://seekingalpha.com/news/3930864-2u-q4-2022-earnings-preview

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| 2090 views | | 14 replies (last April 20, 2023)
Post ID: @OP+1kYhIIZ1

UT-EdX nightmare

Forget the humans... https://wallyboston.com/ut-austin-artificial-intelligence-degree-trailblazer/

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| 1130 views | | no replies yet
Post ID: @OP+1kXKO5bN

Aunt Cathie...

2U is almost at the bottom of the spreadsheet, in purple... https://seekingalpha.com/article/4572886-tracking-cathie-woods-ark-invest-13f-portfolio-q4-2022-update

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| 1062 views | | no replies yet
Post ID: @OP+1kTK98vH

Benefits reduction, RTO, trying to weed people out?

Since the company has now cut tuition benefits, begun policing UPTO, and is now demanding RTO do we think they are hoping people will voluntarily resign? Are more layoffs coming? Also, I was told sick/safe leave is now included in our 20 days of... — read more 

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| 2090 views | | 8 replies (last February 4, 2023)
Post ID: @OP+1kQIffhj

Auntie Cathie...

2U's biggest cheerleader... https://www.msn.com/en-us/money/savingandinvesting/cathie-wood-feels-investors-pain-foresees-gains/

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| 1470 views | | 2 replies (last January 3, 2023)
Post ID: @OP+1koh3hny

So what's Chip doing these days?

https://www.si.com/nfl/dolphins/news/miami-dolphins-december-4-2022-mailbag What happened with that BYJUs deal BTW?

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| 1490 views | | 1 reply (December 17, 2022)
Post ID: @OP+1kd7w6zV

Is 2U a "zombie company"?

About 300 companies or 13 percent... https://www.yahoo.com/now/huge-number-zombie-companies-drowning-120000776.html

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| 1270 views | | no replies yet
Post ID: @OP+1ka0WWov

Academic Worker Strikes and Unionization Efforts

UC System Yale NYU New School University of Kansas University of New Mexico https://www.chronicle.com/article/biggest-campus-worker-strike-ever-brings-many-classes-to-a-halt-across-u-of-california

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| 1040 views | | no replies yet
Post ID: @OP+1jLTWYoK

University of California System Strike Authorization

Could a UC System affect 2U? And is there something 2U workers could learn from this? https://www.commondreams.org/news/2022/11/03/university-california-academic-workers-overwhelmingly-vote-strike

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| 1090 views | | 1 reply (November 14, 2022)
Post ID: @OP+1jDAbNfo

Coursera layoffs

https://blog.coursera.org/changes-to-the-coursera-team/

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| 1390 views | | no replies yet
Post ID: @OP+1jDJWN3L

This place is looney and everybody knows it

Pros Can play tetris and solitaire every day and pretend like you're working - Upper management in the B2B Enterprise Sales org is oblivious - didn't work at all and still got paid monthly commission - If you want to waste your time, stay idle and... — read more 

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| 1750 views | | 2 replies (last November 10, 2022)
Post ID: @OP+1jCO8knj

More losses...

Sounds like BS to me. But it is fascinating... https://seekingalpha.com/article/4554483-2u-inc-twou-q3-2022-earnings-call-transcript

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| 1190 views | | 2 replies (last November 11, 2022)
Post ID: @OP+1jBJGIHQ

2U is an exemplar of the College Meltdown

"The College Meltdown is occurring at all levels, but the schools hardest hit are for-profit colleges, community colleges, small colleges and regional universities. Now we even have elite schools managed by online program managers (OPMs) that have... — read more 

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| 1580 views | | 4 replies (last October 27, 2022)
Post ID: @OP+1jlwCPZp

OPMs not meeting expectations

"A survey of chief online learning officers indicates that online program management companies, or OPMs, aren’t meeting their expectations for marketing and recruitment, even though these are the services the college officials said they needed... — read more 

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| 1660 views | | 5 replies (last October 14, 2022)
Post ID: @OP+1j57gBW2

What Chip said at the last co-----l party...

"CP, CEO and co-founder of 2U, acknowledged the tough market conditions. “I show up at co-----l parties right now, and people go, ‘How are you?’” he said. “Because, obviously, it’s not been pleasant lately. And we take that very seriously. Our... — read more 

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| 1760 views | | 2 replies (last October 9, 2022)
Post ID: @OP+1j4IgSgy

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