Thread regarding 2U Inc. layoffs

Chip Paucek

How is he still in charge? If the board wants to instill confidence in the public markets, shouldn't they have a new leader in charge?

I can assure you that no one at the company is motivated to "turn things around" while the same speaker system is being broadcasted.

The companies stock has cratered while Chip and his team have collected millions of dollars on the backs of its employees its laying off.

If the company and its investors want to see real change..sell the business or replace Chip.

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| 1521 views | | 5 replies (last August 4, 2022) | Reply
Post ID: @OP+1i3uwJxi

5 replies (most recent on top)

@OP+1i3uwJxi, It's possible, if there are enough shareholder lawsuits. But they will need information to show Chip's incompetence.

tips@republicreport.org

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Post ID: @osu+1i3uwJxi

As someone who left the company after years because of my lack of faith in Chip, this 1000%

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Post ID: @ohm+1i3uwJxi

Stock go up, bonus. Stock goes down, cut people, bonus again.

It's a win win kind of situation for execs.

Not so much for the rest of us.

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Post ID: @pok+1i3uwJxi

Trim the fat! Hey hey, ho ho, Chip the Drip has got to go!

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Post ID: @yuj+1i3uwJxi

It's time. Stock drops, several big layoffs, and a restructure that should have happened after the Get Smarter or Trilogy acquisitions, not five years later. Complete mismanagement, zero faith from employees.

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Post ID: @hra+1i3uwJxi

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