What happens to all the programs if 2U-edX folds?

Across all levels of the company. Introduce a hard and fast- you are getting it done or you or not rule. Too many AC are calling 20-30 people by noon and done for the day. Look at director percentages and outcomes. MS and ADH are top... — read more 

But I’m not waiting to see them go through with it, if they ever will. Piecemeal layoffs with no brains involved and cost-cutting with no strategy have really started grating on my nerves. It’s like we’ve been standing still for too long waiting for... — read more 

Change is hard. However, what is worse is changing too late and throwing the baby out with the bathwater. I was with 2U for 5+ years from the Trilogy acquisition like many of you reading this. While hired by Trilogy, I had a decent starting salary... — read more 

Look, I'm empathetic because I was there, but I also don't know why people act surprised. Bootcamps have been on a downward trend for years, and leadership hasn't done anything to correct the course, including the CFO of 5 years who went along for... — read more 

And from what I see and hear, it’s happening in more than one place.

2u, it's been real, real terrible Shame on all the lying leadership, you will have your turn. You signed your souls over to the devil whenever you accepted this position and you know it. 2u has seen it's day. If you believe everything will be ok... — read more 

I wasnt very serious but, since this is my second time attempting to post this I think it might be a good idea. Maybe some 2u employees that have access to proprietary info could "accidentaly" leak it to the dark web, so that everyone can see the... — read more 

As a Senior admissions advisor (been here since the old Trilogy days) I have loved this job. I woke up to an email and an invitation to a meeting with HR. Yes I am getting laid off today. What do I need to know before I go into this meeting? Many of... — read more 

Heard something might be going down. Anyone know anything more?

Anyone receive these docs in the mail? Not sure if I received bc I was a stockholder (though sold all when news of bankruptcy came out) or bc I am receiving bi weekly severance checks through November (or supposed to anyway). Curious if anyone is... — read more 

Many of those elite brand certificate programs were propped up by SLM private student loans. When the folks who took these courses do not get good jobs, some end up struggling to pay their loans. Some eventually default. As a hedge for SLM, most of... — read more 

I keeping seeing references to A Duhn. Who is this?

2U cannot erase their promotional literature and their statements. Chip and Paul are lucky if they don't get fined and banned by the SEC. We have seen this show play out a number of times: Corinthian Colleges, ITT Tech, Education Management... — read more 

The ticker seems to indicate it stopped being traded. Google shows it just falling off, CNBC reports an error when you search for the ticker symbol. Has the end come?

"Modany and Fitzpatrick did not admit nor deny the SEC's allegations as a part of the settlements. Both men were charged in 2015 for allegedly concealing ITT's weak financial performance. The company ceased operations in... — read more 

Why is it that everyone gets bailed out except the consumers who were conned?

Dear Shareholder, Thank you for contacting Levi & Korsinsky, LLP regarding the class action lawsuit against 2U, Inc. (TWOU). While it is never easy to watch investments lose value, a successfully litigated class action can help soften the blow by... — read more 

It's August and we know what that means, pumpkin spice VP season. For all the shares he bought in 2023, he can probably buy 2 maybe 3 pumpkin spice lattes!

2U owes some university partners and critical vendors. Bill is $30.9M. Here's the breakdown. https://www.highereddive.com/news/2u-owes-university-clients-bankruptcy-vendors/722829/

I want to stay motivated at work, however, I find myself unmotivated and depressed. I know this is a “prepackaged Chapter 11” however still have a gut feeling there will be layoffs and cut backs once the 3 new owners come on board. They might have... — read more 

Alright folks, this has come up several times. Has anyone left voluntarily (not laid off) under their tuition benefit contract term period and had to pay back their tuition?

Did they honor your given notice or terminate early?

Not that I will linger around to see. I’m not that curious. I lined up another job. I started looking a while ago. It’s not the greatest job market out there, but there are still some fine possibilities. Just be persistent, and with a bit of luck you... — read more 

After a prepackaged Chapter 11 case is filed, the court usually approves the disclosure statement and confirms the Chapter 11 plan at a combined hearing within 30 days. The disclosure statement typically includes information about the company's... — read more 

Besides the class action lawsuits, is there any precedent for suing an executive? I’m assuming not in corporate USA but why not ask

I'm sorry if this is a stupid question, but I honestly don't know the answer. If we're laid off amid bankruptcy proceedings, do we even get severance?

Honestly, don’t believe all that leadership is saying, Buisness as usual, nothing has changed, etc. All gas lighting. If you paid into the employee stock option plan or just bought on your own, sell Now. We have all lost it all. Chip lied to us. And... — read more 

Yes, private equity (PE) firms are required to sell the businesses they buy at some point in order to return profits to their investors and the firm. This is known as the buy-to-sell approach and is fundamental to private equity. What will these new... — read more 

If private 2U wants money made. Fire all the time fraud folks and lazy metric ICs. Get a core of ICs who want to drive a business bit hangout, milk a check and gave dance parties.

Nor the golden parachute payouts just a day or two before filing. I expect nothing from vultures but to act within the boundaries of their nature. I also expect all of us to find ourselves adrift in every respect, including guys recently laid off... — read more 

Just curious why this was done in light of the bankruptcy approach

Do you know how banks and VCs work? If not, be prepared for a hard lesson.

Executive bonuses were partially pre-payed two days before filing for Chapter 11 bankruptcy. Today, these bonuses would be illegal to issue. Looting while they still can. Sick stuff. "Given the need to incentivize and retain key employees through... — read more 

Does anyone know if the chapter 11 filing impacts severance?

Even if you believe you're safe, my advice is to prepare for potentially being laid off. The cuts that will happen as a direct result of Chapter 11 will be brutal. Google other companies that went through this situation and you'll see I'm right.

Online education company 2U filed for Chapter 11 bankruptcy protection and is being taken private in a deal that will wipe out more than half of its $945 million debt... — read more 

What the he-l just happened? Was it really a must? PR title sounds sweet but the reality is complex

Can you believe it hasn't happened again? Who's got the tea on when the next round of layoffs is scheduled?