Thread regarding 2U Inc. layoffs

Where is the Board of Directors?

Publicly traded ed tech company stock tanks for five years, down 97% since 2018 and 80% since going public, with multiple rounds of layoffs but no meaningful changes to the C-suite???

Where's the Board of Directors?

Where are the investors demanding new leadership for the company?

Where is the consideration for the students presently enrolled, university partners with 10-year contracts, and employees at the company?

Is there still more wealth to be extracted from federal student loans before bankruptcy is declared? Is that why the company is suing the Department of Education? When will Congress take a close look at this company's business practices?

Just asking questions.

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| 1691 views | | 15 replies (last September 26, 2023) | Reply
Post ID: @OP+1oGm1AMq

15 replies (most recent on top)

$2.30

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Post ID: @7pcd+1oGm1AMq

https://www.marketbeat.com/stocks/NASDAQ/TWOU/short-interest/

Over 10% short interest now - goodbye2U

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Post ID: @4mpl+1oGm1AMq

$2.38

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Post ID: @3bfl+1oGm1AMq

At this rate of decline, layoffs wouldn't seem to solve anything- even as a temporary fix.

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Post ID: @1qiv+1oGm1AMq

Stocks at $2.50.. When is the next round of layoffs? The only hope employees have at this point, likely praying for the lesser of two evils.

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Post ID: @1wjv+1oGm1AMq

Employees are MISERABLE. Worse, they can’t find a way out because the company has not provided them with transferable skills. So they are stuck. Stuck and miserable.

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Post ID: @1mhl+1oGm1AMq

There is zero consideration for the students, universities, or employees. No Fs given apparently and unfortunately. What a sad dumpster fire of a company. Anyone who still feels otherwise is delusional and desperate.

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Post ID: @1kig+1oGm1AMq

I agree with your sentiment regarding C Suite leadership. All the changes the company has made aren't having any real impact. Things are taking too long to execute and it's catching up with them. The stock fell below $3/share today! It's veey discouraging at this point, there is a serious lack of competency there. I hate to say it because I know he is beloved in certain circles, but Paucek needs to go. The Board needs to require it in order to give some indication to the shareholders that real change is possible.

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Post ID: @1qui+1oGm1AMq

Penny Stock strategies?

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Post ID: @1uwz+1oGm1AMq
  1. 6. 7.
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Post ID: @1zfs+1oGm1AMq

Thanks for the FSA tip!!!!

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Post ID: @1awo+1oGm1AMq

FSA Tips

https://www.ed.gov/fsatips

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Post ID: @1gko+1oGm1AMq

As much as I dislike the OPM business model, it’s nice to see Coursera beating 2U’s stock after dropping their product guy.

Then he bought stock TWICE and it continues to fall.

LMFAO.

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Post ID: @1mct+1oGm1AMq

Deafening quiet is likely a result of the board's attention being absorbed in the task of working on their own golden parachutes.

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Post ID: @ppk+1oGm1AMq

SPOT ON!

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Post ID: @ihm+1oGm1AMq

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