Topics regarding layoffs at 2U Inc.

Topics regarding layoffs at 2U Inc.

Employee stock purchase plan

If the stock gets delisted, I understand any stock already owned is sc--wed, but what happens to the current funds waiting for the next purchase period?

by
| 1010 views | | 8 replies (last February 15, 2024)
Post ID: @OP+1r5ZPo0K

I’m (oddly) at peace.

It’s pretty clear this business is done… which is what it is. I’m probably coming from a place of privilege but I am at peace. I will continue to do my job and what is expected of me, but not go above and beyond, while looking for my next move... — read more 

Songs to party to!

https://www.youtube.com/watch?v=Z5QLbnfFWg0 https://www.youtube.com/watch?v=_3eC35LoF4U https://www.youtube.com/watch?v=R7jW8_2Us5c https://www.youtube.com/watch?v=-RP19fnff_c

by
| 580 views | | 4 replies (last February 13, 2024)
Post ID: @OP+1r3wpEin

Earnings Call Transcript

Read it for yourself. Still no 10K. https://seekingalpha.com/article/4669627-2u-inc-twou-q4-2023-earnings-call-transcript

by
| 1600 views | | 17 replies (last February 14, 2024)
Post ID: @OP+1r3vfhFS

10K?

Where is the Annual Report (10K)? https://www.sec.gov/edgar/browse/?CIK=1459417&owner=exclude

by
| 444 views | | no replies yet
Post ID: @OP+1r3pNiHi

"Shrink to grow mindset"

Did I just hear that? "12 quarter journey? "radical transparency"? Using AI for lead generation? "Offshoring when appropriate" "culture of curiosity" "reduce expenses"

Any guilt here?

Any thoughts that the edugrift at 2U has damaged people's lives? Sure there may be anecdotes of successes that provide comfort. Any these folks were adults. But was there any deception of others, self-deception? ... — read more 

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| 2350 views | | 28 replies (last February 12, 2024)
Post ID: @OP+1r0ypoEk

Negative performance reviews

For those left behind after the most recent layoffs, have you received unsubstantiated negative performance feedback with threats of a PIP?

by
| 1380 views | | 12 replies (last February 13, 2024)
Post ID: @OP+1qZdYhnM

Earnings numbers?

2U could have reported their numbers ahead of earnings call. The fact that they haven't is not a good sign.

by
| 1030 views | | 6 replies (last February 11, 2024)
Post ID: @OP+1qZYmvUu

What is the vision for the future?

We have had layoffs, reorganization of teams and verticals, and yet we have not been given a clear path or a vision for the future. As far as the degree side, nothing has changed. Other than teams spread out thin. Where is leadership? “ We are going... — read more 

Burnt. Out.

I am so burnt out here I don’t even have energy to job hunt after work. Any motivational tips? Aside from unemployment threat and starvation? lol

by
| 1270 views | | 4 replies (last February 13, 2024)
Post ID: @OP+1qSI53N1

Friendly reminder…

Even if HR tracks you down for commenting on this board, you still have a federally protected right to discuss work conditions as long as you’re being honest and not divulging proprietary information or engaging in insider training. Do your own... — read more 

by
| 1430 views | | 5 replies (last February 13, 2024)
Post ID: @OP+1qPEwXta

Getting weird vague warnings?

Has anyone else been getting really vague warnings about doing your job right and staying ethical? It’s never directed at anyone specific on my team, it has just felt ominous the last few months with these vague threats of immediate termination for... — read more 

by
| 1500 views | | 8 replies (last February 10, 2024)
Post ID: @OP+1qPSCgEH

What does the reorg mean for SS?

Anyone have thoughts on what this reorg they sent cryptic emails about this week could mean for Student Success? I can't help but think that their talk of going back to basics and a heavy focus on efficiency might mean that the coaching aspect of SS... — read more 

Calling for the Resignation of the Executive Team

Where's the accountability for the following execs responsible for driving this business in the ground! Any other employees with this performance would be fired!! Brad Adams John Dobbertin Andy Morgan Andrew Hermalyn (recently promoted!!) Hey thanks... — read more 

by
| 3070 views | | 8 replies (last January 22, 2024)
Post ID: @OP+1qFQwS8C

Need advise on 2u stock

I need some advice. Should I sell or hold the 2U stock that I have now even though I bought at a higher price. I have about 1500 shares that I bought, foolishly , through the stock option plan between $25-$38 at the time. So obviously, lost a lot... — read more 

by
| 1650 views | | 2 replies (last January 23, 2024)
Post ID: @OP+1qFloOXr

What’s keeping u from leaving?

2U as you once knew it is GONE. Advice… spend time on your resume, your linkedin profile, a few projects you can showcase, put your name out there. The remaining management is done. They are looking for other opportunities and will fly as soon as... — read more 

by
| 2030 views | | 7 replies (last January 25, 2024)
Post ID: @OP+1qEkGw6O

Can the bondholders short the stock?

People are saying the bondholders are shorting the stock as a hedge against the $800M in debt. It seems like that would be considered insider trading since they have knowledge of the refinancing negotiations. The company is held hostage by the... — read more 

by
| 1210 views | | 2 replies (last January 19, 2024)
Post ID: @OP+1qENnO1L

No more layoffs - until when?

Let's be real here, anybody who thinks he or she is safe now is incredibly naive. Yes, this round might be over, but all that means is that we'll get a few weeks if unlucky, and a few months if lucky to relax before the next round hits. We're past... — read more 

by
| 1570 views | | 2 replies (last January 19, 2024)
Post ID: @OP+1qEt8DCq

Exploring Interest in Unionizing – Your Thoughts?

What a rough week. I've been thinking about the collective voice we have as employees and the potential benefits of forming a union. I'm curious to know if any of you have considered the idea of unionizing and your thoughts on it. This is a topic... — read more 

Understaffing is Effecting Our Team

in sept, our team went was cut in half, our manager was let go and replaced with a manager who is spread way too thin across multiple teams. we get hundreds of leads a day, and it's pretty much impossible to get through them all, much less give them... — read more 

by
| 1790 views | | 8 replies (last January 23, 2024)
Post ID: @OP+1qDiBGfU

.79

Getting laid off is not ideal but getting some type of severance would be better than closing up shop as this place goes under with no type of compensation when let go. The market clearly doesn’t find us viable. It’s over.

by
| 1840 views | | 7 replies (last January 19, 2024)
Post ID: @OP+1qDzcsbB

How long will the reprieve last?

I wish I could relax now that it's over but I can't. Knowing that it's just a matter of time before more layoffs are announced is making it impossible for me to just "turn off" stressing. All I can think about is that, yes, I made it this time, but... — read more 

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| 1670 views | | 4 replies (last January 19, 2024)
Post ID: @OP+1qDN8gvg

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