Thread regarding 2U Inc. layoffs

US teams being hit Aug 30th

Just heard word that the US layoffs are now at the end of August instead of mid September

by
| 2101 views | | 6 replies (last August 26, 2022) | Reply
Post ID: @OP+1iaKxjA7

6 replies (most recent on top)

Everything outside of Operations is being evaluated, I believe. That seems to be the only part of the org that's done with cuts.

by
| | Reply
Post ID: @fakb+1iaKxjA7

We have been told student engagement team will not have any layoffs and that all changes have been completed.

by
| | Reply
Post ID: @5xml+1iaKxjA7

Severance is 3 weeks base + 2 weeks for every year.

You'll also get tuition forgiveness and cobra (Cobra is the same coverage we have but we're paying the whole thing so it can be hundreds of dollars a month)

by
| | Reply
Post ID: @2gxc+1iaKxjA7

I’m hearing this round will mostly be marketing. People on the degree, short course, and boot camp side are said to be impacted. Those in a a marketing role that isn’t directly tied to revenue should start updating their resume.

by
| | Reply
Post ID: @1pee+1iaKxjA7

Does anyone know if this will be the last round of layoffs for the US?

by
| | Reply
Post ID: @1rrn+1iaKxjA7

Do you know which departments? Has anyone confirmed what the severance package looks like yet? (Answers here are varying??)

by
| | Reply
Post ID: @xpg+1iaKxjA7

Post a reply

: